BREAKING: President Trump says he believes he can "get a deal with Iran" by Monday and that Iran is "negotiating now."
Trump also says he is considering "blowing everything up" and "taking Iranian oil" if Iran does not make a deal "fast."
BREAKING: President Trump says Iran has 48 hours to open the Strait of Hormuz or "all hell will reign down on Iran."
"Remember when I gave Iran ten days to make a deal... time is running out," Trump says.
@KobeissiLetter "This is a major escalation if true."
How? They shot down an enemy aircraft that was either going to attack them or coming back from attacking them.
This is a clear case of self defense, not "escalation".
BREAKING: Iran has shot down a US fighter jet according to a source familiar with the incident, and a search and rescue effort is underway to locate two crew, per Axios.
Details include:
1. This would be the first time since the beginning of the Iran War that a US jet was downed by Iran
2. Iranian state media published pictures and videos that allegedly show parts of the downed plane and one of the ejection seats
3. Pictures suggest that the downed plane was an F-15E
4. Iran is offing a "valuable reward" for anyone who can capture the downed pilots
This is a major escalation if true.
America is waking up to some major news this morning:
At 10:41 PM ET last night, President Trump said that the US will begin targeting Iran's "bridges next, then power plants."
And now, President Trump has announced that the US can "easily open the Straight of Hormuz, take the oil, and make a fortune."
This all comes just 3 days before his "pause" of US strikes on Iranian power plants is set to expire.
He also said that this can all be done with "a little more time."
In other words, the war will continue for now and the critical energy infrastructure that has been spared so far is the next target.
April is going to be a highly eventful month.
@KobeissiLetter You people thought he had a plan, he doesn't, now, he'll keep the war going, get thousands of your soldiers killed, and lose, all for his ego.
No master plan, no strategy, just an old man with too much power and too little neurons left.
The next big question tonight:
Tons of major news outlets reported the same information ahead of President Trump's address to the nation, sending markets sharply higher.
Almost all "insider sources" signaled Trump would be "winding down" the war tonight.
What just happened?
JUST IN - Gov. Ron DeSantis has signed legislation officially renaming Palm Beach International Airport to "President Donald J. Trump International Airport."
BREAKING: Iran says it has reviewed the US' peace plan proposal and it considers the ask to be "excessive."
Iran also says it will not allow President Trump to dictate the timing of the end of the war.
BREAKING: Iran has "tightened control" over the Strait of Hormuz and is now demanding detailed crew, cargo, and voyage information from ships seeking safe passage.
Details include:
1. Approvals for ships seeking to pass through the Strait of Hormuz are being handled by the IRGC
2. Tolls to pass through have hit $2 million, mainly for high-value vessels like oil and gas tankers
3. The increase in control signals Iran's "growing grip" on the key trade route
4. Traffic remains limited, mostly involving Iranian or China-linked ships hugging Iran’s coast
Asia's energy crisis is intensifying.
NOW - Trump claims Iran agreed to give up nuclear materials: "We want the nuclear dust. We're going to want that. And I think we're going to get that. We've agreed to that. Yeah, we're going to. We've agreed to that."
President Trump over the last 36 hours:
Friday, 3:40 PM ET: "I don't want to do a ceasefire with Iran."
Friday, 5:15 PM ET: The US is "considering winding down" the war with Iran.
Today, 2:00 PM ET: Axios reports Trump is planning "peace talks."
Now: "If Iran doesn’t open the Strait of Hormuz within 48 hours the US will obliterate Iran's power plants."
What's happening behind the scenes?
What just happened?
At 2:30 PM ET today, CBS News reported that President Trump was considering "boots on the ground" in Iran.
Then, at 3:43 PM ET, President Trump said "I don't want to do a ceasefire with Iran," with the S&P 500 hitting a new 2026 low.
Exactly 90 minutes later, at 5:13 PM ET, President Trump said the US is "considering winding down" the war with Iran.
Between the 3:43 PM ET and 5:13 PM ET comments, the S&P 500 had already risen nearly +1% on NO news.
By 6:15 PM ET, the S&P 500 rallied +1.8% from its low, adding +$900 BILLION in market cap.
Markets are now closed until Monday.