Stock Markets March 3, 2026

Netanyahu Says Conflict With Iran Could Take 'Some Time' but Won't Drag On for Years

Israeli leader frames recent strikes as limited objective to degrade Tehran's nuclear capacity and expresses hope for a durable regional peace

By Hana Yamamoto
Netanyahu Says Conflict With Iran Could Take 'Some Time' but Won't Drag On for Years

Israeli Prime Minister Benjamin Netanyahu said on Monday that the U.S.-Israel campaign against Iran may require time to conclude but will not extend into years. The strikes over the weekend killed Iranian Supreme Leader Ali Khamenei and provoked retaliatory actions across the region. Netanyahu described the operation as aimed at curbing Iran's nuclear program and urged the Iranian people to reclaim their country.

Key Points

  • Netanyahu stated the U.S.-Israel campaign against Iran "may take some time" but should not stretch into years, calling it "not an endless war."
  • Weekend air strikes by the U.S. and Israel killed Iranian Supreme Leader Ali Khamenei and prompted Iranian retaliation against Israel along with attacks on Arab nations with U.S. ties across the Middle East - sectors such as defense and regional energy security could be affected.
  • Netanyahu framed the operation as aimed at further degrading Iran's nuclear program and described the conflict as a possible opening for lasting peace in the region, including between Israel and Saudi Arabia.

Israeli Prime Minister Benjamin Netanyahu said on Monday that the joint U.S. and Israeli campaign against Iran could take "some time" to complete, but he rejected the prospect that the conflict would stretch into years.

The strikes carried out by the U.S. and Israel over the weekend resulted in the death of Iranian Supreme Leader Ali Khamenei, and set off a series of retaliatory measures. Iranian forces responded with attacks on Israel, and there were additional strikes on Arab nations that maintain ties with the U.S. across the Middle East.

Earlier remarks from U.S. President Donald Trump had suggested the war might last four to five weeks. Since then, the president has articulated broader justifications for an expanded and potentially open-ended campaign against Iran.

Netanyahu pushed back against the idea of a protracted, multi-year conflict. Speaking to Fox News' "Hannity" program, he said:

"I said it could be quick and decisive. It may take some time, but it’s not going to take years. It’s not an endless war."

He characterized the current military action as a focused effort to further impede Tehran's nuclear program, which, in Netanyahu's view, posed a threat to the United States. He repeated that theme and emphasized the intended purpose of the offensive as one element in a strategy aimed at reducing that perceived threat.

Beyond the immediate kinetic objectives, Netanyahu framed the conflict as a potential opening for longer-term diplomatic outcomes. He said he saw the situation as an opportunity for lasting peace in the Middle East, explicitly including the prospect of improved relations between Israel and Saudi Arabia. He reiterated that he believed a sustainable path to peace was possible in the region.

Netanyahu also addressed the Iranian public directly, calling on them to "take back your country." The prime minister did not provide a timetable beyond his statement that the campaign would not be an "endless war."


Context and note: The sequence of events described above reflects statements and actions reported around the weekend strikes and subsequent comments from political leaders. The public remarks quoted were made by the individuals cited.

Risks

  • Escalation risk - The strikes and ensuing retaliatory attacks introduce the possibility of broader regional confrontation, with potential implications for defense and energy sectors.
  • Operational uncertainty - Timetables remain unclear beyond leaders' statements; the prime minister said the campaign could "take some time," but declined to place it on a years-long timeline.
  • Political and diplomatic volatility - Military actions and public appeals to foreign populations can complicate diplomatic efforts and heighten uncertainty for markets and supply chains linked to the Middle East.

More from Stock Markets

Tokyo shares slide as Nikkei closes down 3.08% amid sector weakness Mar 3, 2026 Macquarie Gauges Iran Conflict Exposure Across Indian Hotel Chains Mar 3, 2026 FCC Chair Signals Likely Approval of Paramount-Warner Deal; DOJ to Lead Antitrust Review Mar 3, 2026 Taiwan market edges up as optoelectronic, information services and financials lead gains Mar 3, 2026 BlackRock-backed group aims to proceed with CK Hutchison ports purchase without Panama terminals Mar 3, 2026