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Home International
World News

Trump Declares Iran War “Ending Soon” as EU Warns Hormuz Blockade Threatens Global Economy

NEWS.IQ by NEWS.IQ
April 15, 2026
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U.S. President Donald Trump stated Wednesday that the Iran war could end “very soon,” citing progress in military pressure and claimed willingness from Iranian leadership to negotiate. Simultaneously, European Council President Antonio Costa warned that Iran’s blockade of the Strait of Hormuz poses an “extremely dangerous” threat to global energy supplies and trade, with the EU pledging solidarity with Gulf states and urgent action to restore navigation security.

The dual developments underscore the regional crisis gripping the Middle East, where military escalation, economic sanctions, and diplomatic channels remain in precarious balance. Trump’s optimism about a negotiated resolution contrasts with widespread concern over disrupted shipping routes and the humanitarian toll of extended hostilities.

Trump Signals Progress in Iran Confrontation

In a Fox Business interview, Trump stated that Iranian leadership has become “very keen to make a deal” and that “the war between the United States and Iran is very close to its end, but we are not finished yet, and we will see what happens.”

The U.S. president attributed progress to aggressive military and economic measures, particularly a naval blockade he described as “truly remarkable.” Trump asserted that Iran’s reaction to the blockade demonstrates that “we have completely crushed them” economically and militarily.

Trump indicated he has directly engaged international partners to isolate Iran further, stating that “I asked the Chinese president in a letter to stop supporting Iran militarily and sending weapons.” He projected that “oil prices will return to their pre-military operation levels, and perhaps even lower,” suggesting that resolution would restore global energy market stability.

Nuclear Weapons as Core Negotiation Issue

Trump emphasized that Iran’s nuclear program remains the central issue in any potential agreement. He stated bluntly: “What truly matters regarding Iran is the end result, and we are making excellent progress. The core of the entire negotiation revolves around one point: the prohibition of nuclear weapons in Iran, because Iran cannot, under any circumstances, possess a nuclear weapon.”

He warned that without Iranian commitment to abandon nuclear ambitions, no agreement would be reached. Trump also characterized the current Iranian leadership as “considerably more rational than their predecessors,” suggesting openness to diplomatic resolution compared to previous administrations.

Reflecting on Iran’s situation, Trump declared: “Iran has suffered very painful and severe blows.”

EU Warns Hormuz Blockade Poses Critical Threat to Global Economy

While Trump focused on military victory, European Council President Antonio Costa emphasized the urgent need to restore critical shipping routes. Costa stated that the blockade of the Strait of Hormuz is “extremely dangerous for the global economy” and that “guaranteeing navigation security is urgent.”

Costa stressed that the European Union stands “in full solidarity with the Gulf states and their people against Iranian attacks,” positioning the EU as a reliable long-term partner in the region. He outlined EU priorities as establishing a ceasefire and reopening the Strait of Hormuz, which he identified alongside the Red Sea as “two vital arteries for energy supplies and global supply chains.”

The Strait of Hormuz remains one of the world’s most critical chokepoints, with approximately one-third of global maritime oil trade passing through its narrow waterway. Any extended blockade threatens fuel prices worldwide and disrupts manufacturing and supply chains globally.

EU Welcomes Negotiations, Supports Gulf Cooperation

Costa welcomed U.S.-brokered negotiations between Lebanon and Israel as a constructive path toward regional peace. He also praised Qatar’s mediation efforts in support of regional stability.

The EU official noted anticipation for a second EU-Gulf Cooperation Council summit scheduled for the end of the year, signaling European commitment to deepening ties with Gulf states amid regional instability. This diplomatic initiative reflects Europe’s strategic interest in preventing further escalation and securing energy supply stability.

Diverging Priorities: Military Victory vs. Economic Stability

Trump’s emphasis on military pressure and Iranian capitulation contrasts with Costa’s focus on restoring trade and energy flows. While the U.S. president frames the conflict as nearing resolution through overwhelming force, European leadership prioritizes stabilizing global supply chains and preventing economic catastrophe from prolonged regional disruption.

The dual narratives reflect broader strategic differences: American military dominance in the region versus European economic vulnerability to prolonged Middle Eastern conflict. Both approaches acknowledge that current conditions are unsustainable, but they diverge on timelines, mechanisms, and ultimate political outcomes.

Conclusion:

The statements from Trump and Costa reveal the complex landscape of the Iran crisis. Military escalation and blockades have raised the cost of continued conflict for all parties, but whether this pressure translates into a negotiated settlement remains uncertain. The world’s energy markets and supply chains hang in the balance as diplomatic and military pressures intensify.

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