logo
Trump warns of more attacks; lauds ‘spectacular military success' on Iran nuclear sites

Trump warns of more attacks; lauds ‘spectacular military success' on Iran nuclear sites

Yahoo14 hours ago

President Trump on Saturday declared U.S. strikes on Iran's key nuclear facilities were a 'spectacular military success,' but warned in an address to the nation that he could order further action if Tehran does not agree to a satisfactory peace agreement.
'Our objective was the destruction of Iran's nuclear enrichment capacity and a stop to the nuclear threat posed by the world's number one state sponsor of terror,' Trump said in remarks from the Cross Hall at the White House. 'Tonight, I can report to the world that the strikes were a spectacular military success.'
The president had announced hours earlier on Truth Social that the U.S. had bombed three Iranian nuclear facilities: Fordow, Natanz, and Esfahan. In his remarks on Saturday night, Trump said those facilities 'have been completely and totally obliterated.'
Trump, who was joined by Vice President Vance, Secretary of State Marco Rubio and Defense Secretary Pete Hegseth for his remarks, warned that Saturday's strikes could be the first in a wave of actions against Iran, which has been locked in conflict with Israel for nearly two weeks.
Trump delivered his address from the doorway of the East Room, with the grand foyer in the background, the same place former President Obama delivered his address to the nation announcing the killing of Osama Bin Laden.
In a Truth Social post shortly after his on-camera remarks, Trump warned that any retaliation from Iran would be met with 'force far greater than what was witnessed tonight.'
'This cannot continue. There will be either peace or there will be tragedy for Iran far greater than we have witnessed over the last eight days,' Trump said. 'Remember, there are many targets left. Tonight's was the most difficult of them all, by far, and perhaps the most lethal. But if peace does not come quickly we will go after those other targets with precision, speed and skill.'
The president did not offer specifics on what an acceptable peace agreement with Iran would look like, or how negotiations might proceed in the wake of the U.S. strikes. He has previously said Iran cannot be allowed to achieve a nuclear weapon, and that Tehran cannot be allowed to enrich uranium as part of any deal.
Fox News and The New York Times reported the U.S. dropped six 'bunker-buster' bombs on the Fordow nuclear facility, which is buried deep in a mountain. Trump said Hegseth and other top Pentagon officials would address the public on Sunday morning.
Trump spoke after the U.S. attack with Israeli Prime Minister Benjamin Netanyahu. The president said in Saturday's address that the U.S. and Israel 'worked as a team.'
The White House released photos of Trump in the Situation Room during Saturday's operation. Others in the room included Vance, Rubio, Hegseth, CIA Director John Ratcliffe, White House chief of staff Susie Wiles and Chairman of the Joint Chiefs of Staff Gen. Dan Caine.
Trump had indicated as recently as Friday that he was willing to give Iran two weeks before taking direct action, a signal he was holding out for a diplomatic solution.
Saturday's strikes raised immediate questions about the extent of the U.S. involvement in the Middle East and about Trump's authority to order the bombings without congressional approval.
While most Republicans expressed support for Trump's actions against Iran, some suggested he was beyond his constitutional authority.
'This is not Constitutional,' Rep. Thomas Massie (R-Ky.) posted on X.
'While President Trump's decision may prove just, it's hard to conceive a rationale that's Constitutional,' Rep. Warren Davidson (R-Ohio) posted ahead of Trump's remarks.
The White House did not respond to a request for comment about those criticisms.
Updated: 10:40 p.m. ET
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Oil tanks 6% as Iranian retaliation against US spares energy supply
Oil tanks 6% as Iranian retaliation against US spares energy supply

Yahoo

time14 minutes ago

  • Yahoo

Oil tanks 6% as Iranian retaliation against US spares energy supply

Oil futures slid 6% on Monday as Iran appeared to spare the energy market while the country launched missiles targeted at a US air base in Qatar in retaliation for US bombings on Iranian nuclear sites. Brent crude (BZ=F), the international benchmark, dropped to $72 per barrel. West Texas Intermediate (CL=F) also fell roughly 6% to trade below $70 per barrel. The declines came after Iranian state media said it launched missile attacks against a US air base in Qatar, matching the number of bombs dropped by the US over the weekend, in a move the Associated Press said signaled "a likely desire to deescalate." Prior to the retaliatory move, Wall Street weighed various scenarios after President Trump announced on Saturday that the US struck three Iranian nuclear facilities, including the threat of Iran closing the Strait of Hormuz, a critical chokepoint for oil flows. On Monday morning, President Trump posted on social media: "To The Department of Energy: DRILL, BABY, DRILL!!! And I mean NOW!!!" "The main reason for this stability is that energy infrastructure has largely been spared from direct attacks, with number of oil tankers transiting through the Strait of Hormuz remaining steady," JPMorgan's Natasha Kaneva and her team wrote on Monday morning. On Sunday, futures spiked after Iran's parliament voted to close the Strait of Hormuz, but the final decision rests with Iran's Supreme National Security Council and Supreme Leader Ayatollah Ali Khamenei. The oil market is now factoring in "a one-in-five chance of a material disruption in Gulf energy production flows, with potential for crude prices to reach the $120-130 range," Kaneva wrote. "Yet, beyond the short-term spike induced by geopolitics, our base case for oil remains anchored by our supply-demand balance, which shows that the world has enough oil," she added. She also noted that "with fewer reliable partners in the Middle East and limited regional appetite for a broader conflict, Iran faces a constrained set of options and a heightened set of risks as it deliberates its course of action." Other possible retaliatory moves from Iran could include supporting Yemen's Houthi rebels in renewed attacks on commercial shipping, or going after energy infrastructure in neighboring countries. If crude climbs into the $120 to $130 range, analysts predict gasoline and diesel prices could rise by as much as $1.25 per gallon. "Consumers would be looking at a national average gasoline price of around $4.50 per gallon — closer to $6.00 if you're in California," Lipow Oil Associates president Andy Lipow said in a Sunday note. The key issue isn't just the potential for supply disruption, but how long it lasts, Rebecca Babin, senior energy trader at CIBC Private Wealth, told Yahoo Finance on Sunday. "If infrastructure is hit but can be quickly restored, crude may struggle to hold gains," she said. "But if Iran's response causes lasting damage or introduces long-term supply risk, we're likely to see a stronger and more sustained move higher." Last week, JPMorgan analysts noted that since 1967 — aside from the Yom Kippur War in 1973 — none of the 11 major military conflicts involving Israel have had a lasting impact on oil prices. In contrast, events directly involving major regional oil producers, such as the first Gulf War in 1990, the Iraq War in 2003 and the imposition of sanctions on Iran in 2018, have all led to meaningful and sustained moves in oil markets. "During these episodes, we estimate that oil traded at a $7–$14 per barrel premium to its fair value for an extended period," JPMorgan's Kaneva wrote. They added that the most significant and lasting price impacts historically come from "regime changes" in oil-producing countries, whether that be through leadership transitions, coups, revolutions, or major political shifts. "While demand conditions and OPEC's spare capacity shape the broader market response, these events typically drive substantial oil price spikes, averaging a 76% increase from onset to peak," Kaneva wrote. The Organization of the Petroleum Exporting Countries and its allies (OPEC+) had raised output in the months leading up to Israel's strike on Iran on June 13. Ines Ferre is a Senior Business Reporter for Yahoo Finance. Follow her on X at @ines_ferre. Click here for in-depth analysis of the latest stock market news and events moving stock prices Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Fed officials are starting to break rank and join Trump
Fed officials are starting to break rank and join Trump

Yahoo

time15 minutes ago

  • Yahoo

Fed officials are starting to break rank and join Trump

Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July. Fed Vice Chair for Supervision Michelle Bowman on Monday downplayed the potential impacts of Trump's tariffs on prices and said the US central bank should swiftly lower rates to preserve the labor market's health. 'It is time to consider adjusting the policy rate,' Bowman said. 'Should inflation pressures remain contained, I would support lowering the policy rate as soon as our next meeting in order to bring it closer to its neutral setting and to sustain a healthy labor market.' Bowman is the second Fed official to join Trump in calling for lower borrowing costs. On Friday, Fed Governor Christopher Waller said tariffs will likely only result in a 'one-off' increase in inflation. Both Bowman and Waller are Trump appointees. For months, Fed officials have said they prefer to wait to see how Trump's major policy shifts affect the US economy first before considering further rate cuts. At its policy meeting earlier this month, the Fed kept its benchmark lending rate unchanged for the fourth consecutive time. But that strategy hasn't sat well with Trump, who has relentlessly lashed out at the central bank and its leader, Fed Chair Jerome Powell, for not lowering rates. Trump has hurled various insults at Powell, describing him as a 'fool' and a 'numbskull.' Now, the Fed's wait-and-see posture is slowly crumbling, even as tensions in the Middle East heat up, which raises the risk of higher global energy prices. And the jury is still out on the ultimate impact of Trump's tariffs. Bowman said it's possible the Israel-Iran conflict — which escalated over the weekend with the US striking at three Iranian nuclear sites — results in higher commodity prices. And there's still the lingering possibility of Trump's trade war also pushing up prices, she said. Still, that may not even result in higher consumer prices because businesses don't have much leverage to hike prices this time around, Bowman said. 'I am certainly attentive to these inflation risks, but I am not yet seeing a major concern, as some retailers seem unwilling to raise prices for essentials due to high price sensitivity among low-income consumers and as supply chains appear to be largely unaffected so far,' Bowman said. Bowman isn't the only Fed official seemingly not worried about the potential economic impact of the Israel-Iran conflict. Powell has said higher energy prices spurred by the conflict will likely be short lived. 'When there's turmoil in the Middle East, you may see a spike in energy prices, but it tends to come down. Those things don't generally tend to have lasting effects on inflation, although of course in the 1970s, they famously did,' Powell said in a news conference following the Fed's June 17-18 policy meeting. 'But, we haven't seen anything like that now. The U.S. economy is far less dependent on foreign oil than it was back in the 1970s,' he added. Economists have said the economic impact of the current conflict largely depends on how out of hand it gets. A forecast from analysts at EY-Parthenon shows that the US economy could contract by a massive 1.9% annualized rate if the Middle East plunges into an all-out regional war. But in a 'contained' scenario, the US economy could contract only slightly. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Iran strikes US base after Trump bombing. Are you concerned about war? Tell us.
Iran strikes US base after Trump bombing. Are you concerned about war? Tell us.

USA Today

time18 minutes ago

  • USA Today

Iran strikes US base after Trump bombing. Are you concerned about war? Tell us.

Last week, we asked you if the US should go to war with Iran. It looks like President Trump decided for us. We want to know how you feel about that. Last Thursday, on June 19, President Donald Trump said he would decide 'within the next two weeks' whether the United States would engage directly in the escalating conflict between Iran and Israel. Two days later, Trump announced the completion of a 'successful' attack on Iranian nuclear sites at Fordow, Natanz and Isfahan. On Monday, June 23, Iran responded by striking a U.S. military base in Qatar. And thus begins, perhaps, another U.S. 'forever war' in the Middle East. If you, like me, spent your entire life with America entrenched in Middle East conflicts – where friends and community members have laid down their lives for wars based on lies – then perhaps you, like me, are less than thrilled at this prospect. (Scroll down or click here to share your opinion with us.) And we're not alone. Do you think the US should have bombed Iran? In an Economist/YouGov poll released before the bombing, 60% of respondents said the U.S. military should not get directly involved. A majority – 56% – said that negotiations should continue. A Washington Post poll conducted June 18 found a similar pattern, with the majority of respondents opposing air strikes. And when USA TODAY conducted our own reader survey, we received an overwhelming response saying the United States should not get involved and America should refrain from official intervention. Previously: Should US go to war with Iran or support Israel from afar? Take our poll. | Opinion In the aftermath of the bombing, Americans – and the world – seem as divided as ever on the decision. Trump ally Sen. Lindsey Graham, R-South Carolina, applauded the move and even encouraged it, telling The Wall Street Journal that he told the president, 'This will reset our relationship with the rest of the world.' Meanwhile MAGA faithful Rep. Marjorie Taylor Greene, R-Georgia, took to X on Monday to break with Trump, writing, 'It feels like a complete bait and switch.' Less than a week later, we want to know if that feeling has changed. Do you think Trump was right to bomb Iran? Do you think he should have waited for approval from Congress? What do you think Iran – and America – will do next? Are you concerned about the threat of nuclear war? Why did Trump strike Iran? Will it change anything? Questions have swirled in the immediate fallout from the June 21 bombing. In a speech that evening, Trump claimed Iran's three major sites had been 'obliterated.' But less than a day later, the picture was much less certain, with weapons experts, Iranian officials and even Russia contesting the true impact of the attack. These new developments beg the question: Was it worth it? And, with countries pledging to arm Iran with nuclear weapons anyway, did it even change anything? We want to know what you think. Take our poll below, or send us an email with the subject line "Forum US Iran war" to forum@ We'll publish a collection of responses from all sides of the conversation in our next installment of the Opinion Forum. Janessa Hilliard is the director of audience for USA TODAY Opinion and Opinion at Gannett.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store