Trump press conference: Military action against Iran will end soon; oil price increase less than expected.

PANews reported on March 10th that, according to Jinshi News, US President Trump stated at a press conference in Miami, Florida, that the US military action against Iran would end "soon." Trump also claimed he knew oil and gas prices would rise, and that the increase was less than he expected (overnight crude oil prices fell sharply); he expressed "disappointment" with the new Iranian leader; and that if Iran disrupts oil supplies, the US will retaliate more severely, lifting some sanctions to lower oil prices. Notably, Trump claimed that Iran also possesses Tomahawk missiles, in connection with the attack on a girls' school in Iran. Regarding the situation in the Americas, Trump again threatened Cuba at the press conference and announced that he would remove another 100 million barrels of oil from Venezuela.

Earlier market reports indicated that US President Trump had hinted at supporting an attack on Iran's new Supreme Leader.