Trump Claims Victory in Iran as Tensions Escalate

President Donald Trump claimed the United States had "won" in Iran and suggested the conflict would end soon. However, Iranian officials have adopted a harder line, with Security Chief Mohammad-Ali Rezaei denying that negotiations are ongoing. Rezaei warned that any new U.S. attacks would prompt Iranian strikes on U.S. military bases in Europe.

Iranian forces also attacked ship navigation systems on Oman's Didamar island. Speaker of the Iranian Parliament Mohammad B. Ghalibaf stated that Washington must implement seven specific conditions before Iran will reopen the Strait of Hormuz. These escalations caused oil prices to rise from two-month lows.

In other developments, U.S. envoys are scheduled to meet Russian President Vladimir Putin to discuss security guarantees for Ukraine. Separately, U.S. stocks rebounded on Wednesday following a strong third-quarter earnings report from CoreWeave, which reported revenue of $3.66 billion. The 168% year-over-year increase revived investor confidence in AI spending, though hyperscalers including Meta, Microsoft, and Amazon closed lower.