Trump says Iran war “pretty much” over but risks remain

President Trump claims the war with Iran is “very complete… pretty much” over and says he wants a system that delivers “many years of peace.” But Quincy Institute analyst Kelley Vlahos calls those statements misleading, arguing the region is still “on fire,” with major uncertainty about the end game. She warns shipping disruptions and instability around the Strait of Hormuz are already impacting the global economy and markets, even as oil prices ease after a spike earlier in the week.