Washington, May 2: President Donald Trump stated that the U.S. military action against Iran was necessary despite potential economic repercussions. He emphasized the importance of preventing Tehran from acquiring nuclear weapons, even as fears of significant economic shocks loomed.
Speaking at an event for seniors in Florida, Trump expressed concerns that this move could lead to a 25% drop in the stock market and a spike in oil prices. “However, we had no choice. We cannot allow them to obtain nuclear weapons,” he asserted.
Trump revealed that B-2 Spirit bombers were utilized in the operation, claiming it severely weakened Iran’s military capabilities, including its navy, air force, and air defense systems.
He warned that if Iran’s nuclear program progressed, it would pose a serious threat to Israel, the Middle East, and even Europe. Trump mentioned that he had briefed economic advisors on the situation prior to the action, asserting that the stock market remained strong and there was no immediate significant impact on the economy.
He highlighted the significance of the Strait of Hormuz, which supplies nearly 20% of the world’s oil, noting that once supply normalizes, a substantial drop in gasoline prices could be expected.
Trump reiterated the strategy of balancing a strong economy with national security, stating that the U.S. first bolstered its economy before taking necessary security measures.
He criticized NATO allies for not providing substantial support during this operation but added that “we didn’t need it.”
In conclusion, Trump indicated that the military campaign is ongoing and that it will take time to assess the final outcomes. He also pointed out the rising tensions in the Middle East and their implications for global oil markets and security.
Arpit Soni has had a passion for journalism since the beginning. Now he has turned this hobby into his profession. Arpit, who is a resident of Udaipur, enjoys editing and writing news related to journalism. He has worked as a Senior Content Producer in several important roles at Bhaskar, Patrika, Pratahkal, Punjab Kesari, and Times. Arpit completed his schooling in Udaipur and Jaipur. He has been working in the media industry for more than 10 years, and his journey is still continuing. ✍️📚
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