Iran War News Live Updates: The Iran-US-Israel conflict entered its 32nd day on Wednesday, with tensions continuing to rise and no immediate signs of a breakthrough. Developments over the past 24 hours point to a mix of military, economic and diplomatic pressure shaping the course of the war.
Trump to address the nation: US President Donald Trump is set to address the nation on Wednesday night on the Iran situation, the White House said. The announcement comes a day after he indicated that the conflict could end within two to three weeks.
Trump also stated that Washington would have “nothing to do with” the closed Strait of Hormuz, urging other countries to “go get your own oil”.
On Tuesday night, President Trump said the United States would wrap up its military operation in Iran in two or three weeks. “We will be leaving very soon,” Trump told reporters in the Oval Office.
Rising energy costs: The impact of the war is being felt in energy markets. The average gas price in the United States has climbed to $4 a gallon, its highest level since 2022.
Trump has said that fuel prices would fall quickly once US operations in Iran are completed. However, reports indicate that even if the war ends, prices may not drop immediately.
Threats to US tech firms: Tensions have also expanded beyond the battlefield. Tehran has warned it could target major American technology companies if more Iranian leaders are killed.
According to the semi-official Fars outlet, companies including Apple, Microsoft, Google, Meta, IBM, HP, Intel and Tesla are among 17 US firms named in the warning.
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