Trump and Iran issue fresh warnings as standoff continues
President Trump has issued a new warning to Iran, urging the regime to negotiate an end to the conflict and reopen the Strait of Hormuz, while Iran threatens to involve its allies in disrupting another key shipping route. The ongoing standoff has led to significant economic costs, with the war estimated at $25 billion for the U.S. and $600 million daily for the European Union. Defense Secretary Pete Hegseth faced congressional scrutiny over the administration's military actions, which critics argue lack proper authorization.
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Live Live Updates: Iran renews threat to second vital shipping lane as Trump warns Tehran to "get smart soon" By Tucker Reals, Tucker Reals Editor Tucker Reals is CBSNews.com's foreign editor, based in the CBS News London bureau. He has worked for CBS News since 2006, prior to which he worked for The Associated Press in Washington, D.C., and London. Read Full Bio Tucker Reals, Frank Andrews Frank Andrews Journalist Frank Andrews is a CBS News journalist based in London. Read Full Bio Frank Andrews Updated on: April 29, 2026 / 12:22 PM EDT / CBS News Add CBS News on Google What to know about the Iran war today:President Trump issued a new warning to Iran early Wednesday morning, telling the regime to "get smart soon" and make a deal to end the war and reopen the Strait of Hormuz.
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