Forbes Backs Trump's Iran Strategy, Dismisses Market Volatility Concerns
Forbes described Iran as "terrorism central," noting the regime has targeted the U.S. for 49 years and should have faced consequences as far back as after the 9/11 attacks
Forbes Media Chairman Steve Forbes voiced strong support for President Donald Trump's decisive actions against Iran during an appearance on Newsmax TV's "Sunday Report" on March 10, 2026.
Forbes described Iran as "terrorism central," noting the regime has targeted the U.S. for 49 years and should have faced consequences as far back as after the 9/11 attacks. He praised Trump's approach, highlighting the administration's "amazing" efforts in securing the Strait of Hormuz amid escalating tensions.
Addressing recent market fluctuations, including a 0.2% drop in the S&P 500, a 0.1% decline in the Dow Jones Industrial Average, and an over 8% fall in West Texas Intermediate crude oil to around $87 per barrel, Forbes downplayed any short-term volatility. He attributed the swings to uncertainty over the conflict's resolution rather than opposition to Trump's strategy, emphasizing that the administration has indicated the situation could take several weeks to stabilize.
Forbes urged patience, stating concerns would only arise if no progress is seen after a couple of months, and affirmed that Trump's firm stance addresses long-term threats posed by Iran's rebuilding of missiles and nuclear capabilities under the guise of negotiations.