• Updated

U.S. President Donald Trump says the U.S. will keep hitting Iran very hard in the next two or three weeks even as he touts the success of American operations. Trump says all of Washington’s objectives have so far been met or exceeded. After his comments in a televised address Wednesday night, oil prices soared and stocks in Asia fell. Trump didn’t say anything about negotiations with Iran or the April 6 deadline he set for Iran to open the Strait of Hormuz, the critical waterway for global oil and gas transport. He has threatened to attack Iran’s energy infrastructure if the strait is not reopened.

Iran responded to U.S. President Donald Trump’s address to Americans on the war with new missile attacks targeting Israel and the Gulf Arab states. The attacks underline Tehran’s insistence that it rejected Washington’s outreach for a ceasefire while maintaining its grip on the Strait of Hormuz. Britain, meantime, plans to hold a call with nearly three dozen countries about how to reopen the strait. About 20% of all oil and natural gas traded passes through the strait in peacetime. Trump has urged other countries to secure the strait, and the U.S. is not involved in the talks.