US-Iran War Live Updates: Trump Says Iran “Decimated,” War Nearing End — But Missiles Keep Flying

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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Iran Rules Out Negotiations with US, Dismisses Reports of Counterproposal

Iranian Foreign Minister Abbas Araghchi said on Wednesday that Tehran was not engaged in any negotiations with the United States and had not responded to a reported 15-point American proposal to end the war.

“There are no grounds for negotiations,” Araghchi said in an interview with Al Jazeera. He acknowledged that messages had been exchanged between the two sides, both directly and through regional intermediaries, but drew a clear distinction between message exchanges and formal talks. He confirmed some direct communication with US special envoy Steve Witkoff.

Iran has been at war with the US and Israel since February 28, when strikes killed the country’s supreme leader and triggered a conflict that has since spread across the region. The war broke out in the middle of ongoing nuclear negotiations between Tehran and Washington.

Pakistan conveyed the 15-point US proposal to Iran last week, according to two senior Pakistani officials. Iranian media had reported that Tehran offered a five-point counterproposal calling for an end to hostilities and guarantees against future attacks. Araghchi rejected this, saying Tehran had not offered anything in response and that reported Iranian counterproposals were “merely guesses” from a media outlet.

Diplomatic efforts to end the conflict have drawn in Turkey, Egypt and Pakistan, while China and Pakistan jointly proposed a five-point peace initiative this week. Iran’s President Masoud Pezeshkian had separately pressed European Council President Antonio Costa for an immediate ceasefire, though he conditioned any agreement on firm guarantees against future domestic attacks.

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Iran’s Foreign Minister Secretly Told U.S. Envoy That Supreme Leader Approved Negotiations

Iran’s Foreign Minister Abbas Araghchi secretly informed U.S. envoy Steve Witkoff that Supreme Leader Mojtaba Khamenei has approved talks aimed at reaching a deal to end the war, according to a report by Al Arabiya citing Israeli newspaper Yedioth Ahronoth.

Sources told the newspaper that Khamenei, who took the position after his father Ali Khamenei was killed in the opening strike of the U.S.-Israel war on Iran last month, agreed to move toward ending the war in accordance with Iran’s conditions.

The disclosure came as U.S. President Donald Trump announced a five-day delay on military strikes against Iranian power plants and energy infrastructure, a decision he made after issuing Iran a 48-hour deadline to reopen the Strait of Hormuz. Trump’s pause on strikes signals that back-channel communication between the two sides has produced enough progress to hold military action in check.

Trump confirmed that talks with Iran were taking place but said they were being conducted with a senior Iranian official rather than the Supreme Leader directly. Iran has publicly denied that any talks are underway.

“Things are going very well,” Trump told Fox News.

Trump added that an agreement with Iran could be reached within five days or less and stated that Iran wants to make a deal. The remarks indicate that Washington views the current window as a point where a settlement remains within reach.

The gap between Iran’s public denial and the reported back-channel communication through Araghchi points to a situation where both sides manage domestic narratives while pursuing an outcome through indirect channels. The Revolutionary Guards retain ultimate authority over Iran’s decisions, and any agreement would require their approval before it takes effect.

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