U.S.-Iran Conflict: Trump Says Targets Exhausted as Global Oil Reserves Tapped

President Donald Trump stated on March 11 that the conflict with Iran is approaching its conclusion, asserting that U.S. operations have left the Iranian regime with 'practically nothing left to target.' This assessment comes as the conflict enters its 13th day. Meanwhile, Iranian President Masoud Pezeshkian, backed by consultations with Russia, has established three specific conditions for peace: the recognition of sovereign rights, financial reparations, and formal security guarantees. On the economic front, Canada has joined an international effort to release emergency oil reserves. The move is intended to mitigate supply shocks caused by attacks in the Strait of Hormuz, with global oil prices currently hovering near $100 per barrel. The conflict's ripple effects have also caused significant humanitarian and logistical disruptions, with mass flight cancellations reported in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE. Internal pressure on the Iranian regime continues to mount both domestically and abroad. Diaspora communities have intensified their protests, while five members of the Iranian women’s soccer team were recently granted asylum in Australia. Despite President Trump's optimistic timeline for the war's end, the Islamic Revolutionary Guard Corps (IRGC) indicates it has prepared for up to six months of high-intensity readiness.