“We’re obliterating the s–t out of them right now,” declared President Trump, reflecting the intensity of the ongoing conflict in the region. His comments come as Iran has closed the vital Strait of Hormuz to most international shipping for 31 days, a move that has sent global energy prices soaring.
Trump expressed optimism about the war’s conclusion, stating, “I think it’ll automatically open, but my attitude is, I’ve obliterated the country. They have no strength left.” This statement underscores the U.S. administration’s belief that other nations can resume shipping through the strait without military assistance from the United States.
The closure of the Strait of Hormuz has had dire economic repercussions. A recent UNDP report estimates that the region’s GDP could decline by approximately 3.7 to 6 percent after just a month of conflict, translating to an economic contraction of between $120 billion and $194 billion.
The war has particularly highlighted the fragility of the Arab economy, with projections indicating that 3.7 million jobs may be lost. Furthermore, about four million more people in the region could fall below the poverty line as a direct result of the ongoing hostilities.
Lebanon has been especially hard-hit, facing ongoing airstrikes and evacuation orders that have led to widespread destruction of residential areas, transport infrastructure, and public services. The humanitarian crisis is exacerbated by rising poverty rates, particularly in the Levant and fragile nations like Sudan and Yemen.
“We hope the fighting will stop tomorrow, as every day of delay has negative repercussions on the global economy,” said Abdallah Al Dardari, emphasizing the urgent need for a resolution to the conflict.
The U.S.-Israel war on Iran has not only destabilized the region but has also had a devastating impact on Arab countries, with millions expected to slide into poverty. As the situation unfolds, the international community watches closely, hoping for a swift end to the conflict.
With a deadline set for April 6 for Iran to reopen the strait or face U.S. airstrikes on power plants, the coming days will be critical in determining the future of the Iran war and its implications for global stability.