April 2, 2026

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US President Donald Trump says his core “objectives are nearing completion” in Iran, during a primetime televised speech from the White House

The roughly 20 minute speech also called on allies to “build up the courage” to secure shipping in the Strait of Hormuz, arguing that the US doesn’t “need it”

After the speech, global oil prices rose to $105 a barrel

We’re none the wiser about what victory looks like following Trump’s speech, writes our chief North America correspondent

Meanwhile, Iran’s foreign ministry says Trump’s claim that the country has asked for a ceasefire is “false and baseless”, Iranian state media reports

The US president had said Iran’s “new regime president” had made the request – but he didn’t clarify who he was referring to

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