The average US gas price hit $4 a gallon as the president told other nations to “go get your own oil.” Meanwhile, Trump is set to address the nation on Wednesday night.

Here's the latest

A new timeline: President Donald Trump will deliver an address to the nation on Wednesday night regarding Iran. It comes after Trump said the US could be done with its war with Iran within two to three weeks. Iran has indicated it’s willing to fight for far longer.

• Allies on their own: Trump said the US will have “nothing to do with” the closed Strait of Hormuz, telling other countries - including key US allies - to “go get your own oil.”

Energy costs: The average US gas price hit $4 a gallon, the highest since 2022. Trump said Tuesday that gas prices will quickly go down once the US completes its operation in Iran. CNN has reported how an end to the war will not mean immediate savings at the pump.

US tech companies threatened: Apple, Microsoft, Google, Meta, IBM, HP, Intel and Tesla are among the 17 American companies Tehran has threatened to attack if more Iranian leaders are killed, according to the semi-official outlet Fars.