Update (0845ET): Minutes after we prepared this post, President Trump posted on his social media feed that Iran has asked for a ceasefire:

"Iran's New Regime President, much less Radicalized and far more intelligent than his predecessors, has just asked the United States of America for a CEASEFIRE!"

Trump added that he will consider it if the Strait is opened... or else!

"We will consider when Hormuz Strait is open, free, and clear. Until then, we are blasting Iran into oblivion or, as they say, back to the Stone Ages!!!"

Presumably this will be a topic of tonight's address to the nation, but once again it takes two (or three) to TACO and until the Strait is open, all bets are still off.

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President Donald Trump is scheduled to address the nation on April 1 to give an update on the military operation in Iran, according to the White House.

White House press secretary Karoline Leavitt said in a post on X that the president will provide "an important update" about the ongoing war at 9 p.m. ET on Wednesday.

During a White House press conference on March 31, Trump indicated that the U.S. military may conclude its combat operations against Iran within weeks.

"I would say that within two weeks, maybe two weeks, maybe three. We're hitting them very hard. Last night we knocked out tremendous amounts of missile-making facilities," he told reporters.