Donald Trump said Monday that the war with Iran could end “fairly soon,” adding that Tehran was talking “very politely” with Washington. He claimed Iran’s military capabilities were “effectively over” because of the destruction of its navy and an inflation-driven economic collapse, while leaving open the possibility of new strikes if conditions changed. Iran has presented the United States, through Qatari mediators, with a two-day proposal seeking the lifting of sanctions and the opening of a new shipping route in the Strait of Hormuz. Oil prices fell Tuesday on the prospect of de-escalation, with West Texas Intermediate dropping to $85.80 per barrel and Brent to $91.56.
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