The news sent oil prices lower after they topped $100 a barrel earlier in the day.

President Donald Trump speaks during the Republican Members Issues Conference at Trump National Doral Miami in Miami on March 9, 2026. Roberto Schmidt/Getty Images
The war in Iran could be over soon after U.S. and Israeli military operations have wiped out Iranian ships and most of the regime’s missile and drone capabilities, President Donald Trump told reporters on March 9.
“We’re winning very decisively. We’re way ahead of schedule,” Trump told reporters at his National Doral golf club in Miami before heading back to Washington. “It’s going to be ended soon.”


