Trump says Iran war will end ‘very soon’, oil prices will fall

US President Donald Trump said the crisis over shipping through the Strait of Hormuz will “work out just fine”, as fears increase about regional security following swift Houthi advances in Yemen and reports of strikes near Saudi Arabia’s vital oil infrastructure. Speaking in Dublin after meeting Irish President Catherine Connolly, Trump was asked if he could help restore vital shipping traffic through the strategic waterway.

Full BriefGenerated 22d ago

What Happened

On 12 September 2026, US President Donald Trump said the conflict with Iran would end "very soon" and predicted oil prices would "plummet" once it ended. Speaking in Dublin after meeting Irish President Catherine Connolly, Trump was asked about restoring shipping through the Strait of Hormuz and replied, "Everything will work out just fine." His comments follow reported Houthi expansion along Yemen's Red Sea coast; the Houthis claimed they had liberated more than 200 prisoners in newly captured regions, and fears increased about strikes near Saudi Arabia's oil infrastructure.

Key Actors

·
Donald Trump(President of the United States)Stated the war with Iran will end very soon and oil prices will plummet, and said the Hormuz shipping crisis will work out fine.
·
Houthis (Ansar Allah)(Yemeni armed group)Claimed to have liberated more than 200 prisoners in newly captured regions and reported to have expanded control along Yemen's Red Sea coast.
·
Iran(State party to the war referenced by Trump)Not directly quoted in this article; identified as the other side in the conflict Trump says will end soon.
·
Saudi Arabia(Regional state with oil infrastructure)Faced reported fears of attacks on its vital oil infrastructure amid Houthi advances.

Why It Matters

The remarks address security of the Strait of Hormuz, a critical chokepoint for global oil shipments, at a time when Houthi territorial gains along the Red Sea coast and potential attacks on Saudi energy infrastructure could disrupt oil supply and regional stability. Trump's prediction that oil prices will plummet after the Iran war ends is a market-sensitive signal from the US president.

Watch For

Whether Houthi forces continue advancing along Yemen's Red Sea coast and whether attacks on Saudi oil infrastructure materialise; any concrete developments toward ending the Iran war; oil price movements linked to Hormuz shipping; further US statements or diplomatic moves after Trump's Dublin meeting.

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Trump says Iran war will end ‘very soon’, oil prices will fall

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