Trump Declares Iran War 'Effectively Over' Amid Diplomatic Progress, Iran Seeks 'Surrender'

US President Donald Trump announced that there is "positive momentum" towards ending the war on Iran, stating that a resumption of strikes is "quite unlikely" and declaring the conflict "effectively over." This statement followed talks with Qatar's prime minister, who has been a key mediator in the conflict. The announcement has led to a significant drop in oil prices, driven by renewed hopes for diplomatic negotiations aimed at resolving the US-Israel war on Iran. This development is also expected to ease inflation concerns and contribute to a broader rally on Wall Street.