President Donald Trump said the war in Iran is “very close” to completion, even as he signaled strikes could escalate in the near term.

Trump in a rare prime-time address on Wednesday cast the war as a success, saying the operation had nearly achieved its military goals, including destroying Iranian ballistic missiles and drones, air force, navy and industrial base. He said those steps would prevent Tehran’s proxies from destabilizing the region and cut off the country’s path to nuclear weapons.

“Tonight I’m pleased to say that these core strategic objectives are nearing completion,” Trump said from the White House in a roughly 20-minute speech. “We are going to finish the job. and we’re going to finish it very fast, we’re getting very close.”

The speech came as the president is grasping for an off-ramp in a conflict that has quickly slipped out of control.

For instant reaction and analysis, Bloomberg Radio host Doug Krizner speaks with Bloomberg This Weekend co-host Christina Ruffini and Bloomberg White House and Washington correspondent Jeff Mason.

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Liz Ann Sonders, Chief Investment Strategist & Kevin Gordon, Head of Macro Research and Strategy at Charles Schwab, on the narrowing gap between 'front page' and 'bottom line' risk. They speak with Bloomberg's Tom Keene and Paul Sweeney, and discuss how markets are responding to the war in Iran.

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Roubini Macro Associates Chairman & CEO Nouriel Roubini discusses President Trump saying he’ll only consider a halt to attacks on Iran when the Strait of Hormuz is reopened, and what this could mean for Iran's future. He speaks with Bloomberg's Jonathan Ferro and Annmarie Hordern.

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Ellen Zentner, Chief Economic Strategist at Morgan Stanley Wealth Management, discusses the thematic approach to navigating market volatility, and the latest in the oil market amid the war in Iran. She speaks with Bloomberg's Tom Keene and Paul Sweeney.

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Whoop CEO Will Ahmed joins Matt Miller on "Bloomberg Tech" to talk about his company's new funding from a Series G round as well as the future outlook for Whoop and it's users.

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US Trade Representative Jamieson Greer joins Annmarie Hordern on Bloomberg TV to discuss the idea that the US is insulated from supply chain effects from the Strait of Hormuz, as well as to discuss the Trump administration’s perceived shortfall of the World Trade Organization and the possibility of a returning to a 20% tariff level with China. Greer says, “I see stability with China over the next year” as the nations prepare for talks in May.

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Nancy Lazar, Chief Global Economist at Piper Sandler speaks on the state of American capitalism now with Bloomberg's Tom Keene and Paul Sweeney.

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Los Angeles Mayor Karen Bass discusses rising oil prices and Los Angeles' response with the use of public transportation.

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