Trump addressed the nation on April 2, 2026, declaring that the United States has achieved its core objectives in the war against Iran. He told Americans that the military would continue strikes for two to three more weeks before concluding operations. He said Iran no longer has the capacity to threaten the United States, its troops, or its allies in the region.
Iran fired missiles at Israel within hours of Trump speaking, contradicting his claim that Tehran had requested a ceasefire. Foreign Minister Araghchi told reporters that no negotiations exist between Washington and Tehran, directly challenging the version of events that Trump presented to the American public. An Iranian spokesperson called the list of demands that the US presented “unrealistic and unreasonable.”
Oil prices climbed past $105 per barrel after the speech, and stock markets across Asia fell. Japan saw its benchmark index drop over two percent, while South Korea recorded a drop of nearly four percent. The Strait of Hormuz, through which one-fifth of global oil passes, continues to see fewer than six ships transit daily, down from 130 ships before the war started.
NATO allies refused Trump’s request to send forces to reopen the strait. Germany, France, Italy, and the United Kingdom all told Washington that this war does not belong to them. Trump responded by threatening to pull the United States out of NATO entirely, a statement that drew firm responses from leaders across Europe.
Analysts warned that the US has shifted its timeline for ending the war multiple times. The Quincy Institute noted that Washington first promised to finish in four days, then three weeks, and now projects another two to three weeks. Researchers argued that the United States has lost control of the direction of this conflict and called on Trump to pursue real negotiations rather than issuing threats and deadlines.
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