President Donald Trump announced Wednesday that the United States would significantly intensify its military operations against Iran within the next two to three weeks, while warning of devastating strikes on the country's power grid if Tehran refuses to reach a negotiated agreement.
Speaking from the White House, Trump declared that Washington's forces had already severely degraded Iran's naval and missile capabilities and suggested the operations had contributed to internal political instability within the Iranian government. He framed Iran's nuclear ambitions as a direct and dangerous threat to American national security, vowing that the U.S. would complete its military objectives in the near term.
Trump doubled down on his threat to simultaneously target Iran's electricity-generating infrastructure should diplomatic efforts fail. "If there is no deal, we are going to hit each and every one of their electric generating plants," he warned, reinforcing an April 6 ultimatum that remained in effect. The remarks clarified that any military wind-down would only follow an initial escalation phase, contradicting earlier signals of an imminent pullback.
On the issue of the Strait of Hormuz — a critical global oil chokepoint through which roughly 20% of the world's oil supply flows — Trump declined to commit U.S. forces to reopening the passage. Instead, he urged oil-dependent nations, particularly those in South and East Asia, to independently secure the waterway or source energy from the United States.
Iran, meanwhile, denied that any direct negotiations with Washington had occurred and rejected Trump's claims that Tehran had sought a ceasefire, according to Iranian state media.
Markets responded sharply to the developments. U.S. stock futures dropped nearly 1% following Trump's remarks, while Brent crude oil prices surged more than 5%, reflecting growing investor anxiety over the month-long conflict and its potential to disrupt global energy supplies.


U.S. Senators Challenge FCC Chair Over Nexstar-Tegna Merger Approval
Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears
Dollar Surges to Monthly High as Middle East Conflict Rattles Global Markets
Mexico's Foreign Minister Juan Ramon de la Fuente Steps Down for Health Reasons; Roberto Velasco Nominated as Successor
FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout
Federal Judge Rules CBP Violated Warrantless Arrest Order During Sacramento Immigration Sweep
Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns
U.S.-Iran War: Rubio Says Finish Line Is Visible as Diplomatic Talks Begin
Gold Prices Rebound But Head for Worst Month Since 2008 Amid Iran War Uncertainty
Gold Prices Surge as U.S.-Iran Ceasefire Talks Spark Market Optimism
Trump Claims Iran Sought Ceasefire as Middle East War Escalates
Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up
Syria Vows Neutrality Amid U.S.-Israeli Conflict With Iran
U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address
U.S. Stocks Surge on Iran War De-escalation Hopes
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Escalation
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 



