Iran, Trump
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Yemen is home to the Iran-backed Houthi rebels, who entered the Middle East conflict on Saturday by firing missiles at Israel. While the Houthis have yet to claim responsibility for the Wednesday launch, they previously vowed to continue military operations in the coming days.
One market analyst says Trump warning the Iran war will take 2-3 more weeks, without a plan to reopen the Strait of Hormuz, "was far less than" investors had hoped for.
The address comes as President Trump shared an updated timeline for the end of the war in Iran.
President Donald Trump said the US may blow up and completely obliterate Iran’s electric plants and oil wells if a deal to end the war is not reached.