New Delhi, March 10 -- President Donald Trump stated that the US would strike Tehran even harder if oil blockade occurred. Iran's Revolutionary Guards warned on Tuesday that they would prevent any oil shipments from the Middle East if the US and Israel continue their attacks.

Despite this tense rhetoric, crude oil prices fell, and global stock markets rose after Trump expressed confidence that the conflict would end quickly. Iran showed defiance by appointing Mojtaba Khamenei as its new supreme leader.

On Monday, Trump claimed that the US had dealt significant damage to Iran's military and suggested that the conflict would conclude sooner than the four-week period he initially mentioned, though he did not clarify what would constitute v...