Published: Mar 12, 2026, 08:45 IST | Updated: Mar 12, 2026, 08:45 IST
US President Donald Trump claims that Iran is near the point of defeat in ongoing military confrontations. In response, Tehran has warned that continued conflict could devastate the global economy, signaling a prolonged and dangerous escalation. Analysts are closely watching developments in the Middle East as tensions rise between the US and Iran, with potential impacts on oil prices, trade, and international stability.