{"id":60443,"date":"2026-04-01T21:38:17","date_gmt":"2026-04-02T01:38:17","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/trump-declares-victory-in-irans-operation-epic-fury-as-markets-react-to-claims-of-crippled-regime\/60443\/"},"modified":"2026-04-01T21:38:17","modified_gmt":"2026-04-02T01:38:17","slug":"trump-declares-victory-in-irans-operation-epic-fury-as-markets-react-to-claims-of-crippled-regime","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-declares-victory-in-irans-operation-epic-fury-as-markets-react-to-claims-of-crippled-regime\/60443\/","title":{"rendered":"Trump Declares Victory in Iran&#8217;s &#8216;Operation Epic Fury&#8217; as Markets React to Claims of Crippled Regime"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>President <a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> declared &quot;Operation Epic Fury&quot; successfully concluded<\/strong>, claiming Iran\u2019s naval and air capabilities have been <strong>&quot;completely destroyed&quot;<\/strong> and its military crippled to an extraordinary degree.<\/li>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">Gold<\/a> (<a href=\"\/stock\/GOLD\">GOLD<\/a>) prices reversed a two-week rally<\/strong>, slipping <strong>0.6%<\/strong> to <strong>$4,728.79<\/strong> per ounce during the President&#39;s address as safe-haven demand fluctuated.<\/li>\n<li><strong><a href=\"https:\/\/thestockmarketwatch.com\/live\/trump-stock-market\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Trump\">Trump<\/a> dismissed recent gasoline price hikes as &quot;short term,&quot;<\/strong> asserting that the U.S. no longer requires oil from the Middle East and that the <strong>Strait of Hormuz<\/strong> is not necessary for U.S. operations.<\/li>\n<li><strong>Regional instability persists<\/strong> as the <strong>United Arab Emirates<\/strong> air defenses intercepted drone and missile threats over Dubai, while rockets were reported in northern Israel.<\/li>\n<\/ul>\n<p>President Trump announced on Thursday that the United States is nearing the completion of all military objectives in Iran under <strong>Operation Epic Fury<\/strong>. He stated that the &quot;hard part&quot; of the operation is finished, claiming that the <strong>Iranian regime\u2019s leaders<\/strong> have been largely eliminated and its ability to threaten the U.S. has been directly neutralized.<\/p>\n<p>The President emphasized that <strong>Iran will never be allowed to possess nuclear weapons<\/strong>, calling the previous nuclear deal a &quot;flawed agreement&quot; that his administration has now rectified. He further noted that <strong>U.S. forces have heavily damaged<\/strong> rocket and drone launch sites, rendering the Iranian navy and air force non-existent or crippled.<\/p>\n<p>Financial markets reacted immediately to the speech, with <strong>Gold<\/strong> (<a href=\"\/stock\/GOLD\">GOLD<\/a>) falling into negative territory to trade at <strong>$4,728.79<\/strong> an ounce. <em>Market sentiment appeared to shift as the President signaled a quick end to the conflict<\/em>, despite earlier concerns that had driven a two-week rally in precious metals.<\/p>\n<p>In the currency and bond markets, the <strong>USD\/INR<\/strong> 1-month non-deliverable forward stood at <strong>93.70<\/strong>, down from a prior session end of <strong>94.83<\/strong>. Meanwhile, the <strong>10-year Japanese Government Bond (JGB)<\/strong> yield ticked up to <strong>2.310%<\/strong> amid broader fiscal and inflation concerns. Analysts at UBS (<a href=\"\/stock\/UBS\">UBS<\/a>) suggested the <strong>USD\/JPY<\/strong> could rise toward <strong>175<\/strong> if oil disruptions are more extended than the administration predicts.<\/p>\n<p>Regarding energy costs, Trump described the recent surge in <strong>gasoline prices<\/strong> as a temporary spike that would be &quot;short-lived.&quot; He maintained that the <strong>Strait of Hormuz<\/strong> would naturally become accessible again once the conflict is fully resolved, though he reiterated that the U.S. is no longer dependent on Middle Eastern energy exports.<\/p>\n<p>Despite the claims of military success, active threats were reported in the region as <strong>Emirati air defenses<\/strong> responded to missile and drone &quot;threats&quot; over the UAE. Dubai authorities confirmed that sounds heard across the city were the result of <strong>successful interceptions<\/strong>, while Israeli reports indicated that rockets fired toward the north struck open areas with no casualties.<\/p>\n<p>Trump concluded his remarks by thanking <strong>Gulf partners<\/strong> for their support during the campaign. He also revised the estimated death toll of Iranian protesters to <strong>45,000<\/strong>, up from a previous figure of <strong>32,000<\/strong>, citing the regime&#39;s internal crackdown during the period of hostilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways President Trump declared &quot;Operation Epic Fury&quot; successfully concluded, claiming Iran\u2019s naval and air capabilities have been &quot;completely destroyed&quot; 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