Economy March 31, 2026

Trump Says U.S. Forces Will Exit Iran 'In Two or Three Weeks'

President asserts nuclear threat neutralized and links end of operations to lower gasoline costs

By Leila Farooq
Trump Says U.S. Forces Will Exit Iran 'In Two or Three Weeks'

President Trump told reporters that U.S. military forces will withdraw from Iran within two to three weeks, saying the objective of eliminating the country's nuclear threat has been met. He confirmed ongoing operations, including strikes on missile-making facilities, and said the United States does not require a separate agreement with Iran to depart. The president also tied the end of military action to expectations of lower gasoline prices and said responsibility for securing the Strait of Hormuz should fall to nations that rely on it.

Key Points

  • President Trump announced U.S. forces will leave Iran in two to three weeks and said the nuclear threat has been eliminated - impacts defense and geopolitical risk assessments.
  • Mr. Trump confirmed continued military action, including strikes on missile-making facilities, which affects defense contractors and regional security dynamics.
  • The president tied the anticipated end of hostilities to potential relief in gasoline prices, with U.S. average pump prices above $4 a gallon - relevant to energy and consumer sectors.

President Trump announced on Tuesday that U.S. forces will leave Iran within "two or three weeks," saying that the United States has achieved its stated objective of neutralizing Iran's nuclear threat. The president also confirmed that U.S. military operations in Iran remain active and described recent strikes against Iranian military infrastructure.

"We’ll be leaving very soon," the president told reporters in the Oval Office, adding, "We leave because there’s no reason for us to do this." He reiterated that a formal deal with Iran is not a precondition for withdrawal, saying, in his words, that "it will take 15-20 years for them to rebuild what we’ve done to them."

Mr. Trump said operations were continuing, and described recent action against missile-production capacity. "Last night, we knocked out tremendous amounts of missile-making facilities," he said.

The president addressed rising gasoline costs during the briefing. With U.S. average pump prices reported above $4 a gallon, he said American motorists should expect relief once military engagement in Iran ends. Asked about the link between the conflict and fuel prices, he responded: "Yeah, and we have a country that’s not going to be throwing a nuclear weapon at us," and added, "And they’re also feeling a lot safer."

On security in the Persian Gulf, Mr. Trump said the task of keeping the Strait of Hormuz open should be borne by the nations that depend on it. "There is no reason for us to do this," he told reporters, and continued: "That’s not for us. That’ll be for France. That’ll be for whoever’s using the strait."

The president also noted that U.S. and Israeli forces had struck Iran on Feb. 28, a development he framed as part of the campaign to remove the nuclear threat. He signaled an impending drawdown of forces, while emphasizing damage inflicted on Iran's military production capacity and asserting the U.S. judgment that the core objective had been met.


Summary

President Trump says U.S. forces will withdraw from Iran in two to three weeks, asserting the nuclear threat has been removed, while military operations continue and recent strikes targeted missile-making facilities. He linked a U.S. exit to expectations of lower gasoline prices and suggested regional users should assume responsibility for securing the Strait of Hormuz.

Key details

  • U.S. and Israel attacked Iran on Feb. 28.
  • Trump: "We’ll be leaving very soon."
  • He said the U.S. does not need a deal with Iran to withdraw and that it "will take 15-20 years for them to rebuild what we’ve done to them."

Risks

  • Military operations are ongoing in Iran, creating uncertainty for defense and regional security - this may influence defense sector demand and investor risk sentiment.
  • Instability around the Strait of Hormuz remains a point of contention; shifting responsibility to regional users could affect shipping and global energy markets.
  • Gasoline prices have risen above an average of $4 a gallon and may remain volatile until military operations conclude, posing risks to consumer spending and energy-sensitive sectors.

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