Trump signals Iran war may be nearing an end

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According to multiple international outlets, the **Iran war** remains the central global crisis, driving surging economic costs, regional instability and escalating geopolitical tensions. A US Congressional Budget Office estimate reported by Reuters puts the war’s cost at about $38 billion so far, with expenses forecast to rise by roughly $3 billion per month as hostilities continue, underscoring the strain on US finances and global markets.[7] Al Jazeera highlights new remarks from President Donald Trump, who said the war is "hopefully" nearing its end and claimed to have spoken with Tehran, signalling a potential shift toward de-escalation even as core issues such as control of the Strait of Hormuz and regional proxy conflicts remain unresolved.[8] The prolonged fighting has contributed to high energy prices, fresh security risks around key maritime routes, and broader diplomatic fallout, with allied and regional governments pressing for a durable ceasefire and negotiations that could stabilize both Middle Eastern security and the wider global economy.[7][8]

Sources: Reuters, Al Jazeera, NDTV