Trump says Iran's president asked for ceasefire, but U.S. wants Hormuz Strait open first
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The war began in late February when the U.S. and Israel launched strikes on Iran, causing economic turmoil and massive global energy disruptions.
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President Donald Trump on Wednesday said Iran's president has asked the U.S. for a ceasefire. But the U.S. will "consider" the offer only once the Strait of Hormuz is "open, free, and clear," Trump said on Truth Social . "Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!" he wrote. The announcement came hours before Trump was set to deliver an "important update on Iran" in an address to the nation, according to the White House. The address is set for 9 p.m. ET. The war began on Feb. 28 when the U.S. and Israel launched strikes on Iran, causing widespread economic turmoil and massive fluctuations in global energy prices. That turbulence is linked in large part to Iran's continued ability to effectively block the Strait of Hormuz, the pathway for a major chunk of the world's oil shipments. Trump has acknowledged that the strait remains a key sticking point in the war, even as he and other administration officials insist that Iran's military has been "obliterated" and that the U.S. is rapidly achieving its goals. This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. Subscribe to CNBC PRO Subscribe to Investing Club Licensing & Reprints CNBC Councils Select Personal Finance Join the CNBC Panel Closed Captioning Digital Products News Releases Internships Corrections About CNBC Site Map Podcasts Careers Help Contact News Tips Got a confidential news tip? We want to hear from you. Get In Touch CNBC Newsletters Sign up for free newsletters and get more CNBC delivered to your inbox Sign Up Now Get this delivered to your inbox, and more info about our products and services. Advertise With Us Please Contact Us Ad Choices Privacy Policy Your Privacy Choices CA Notice Terms of Service © 2026 Versant Media, LLC. All Rights Reserved. A Versant Media Company. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global...
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