President Donald Trump declared on Truth Social that Iran's air force and navy have been eliminated following a new wave of Israeli attacks. The statement came as Israel launched another military offensive against Iranian targets, escalating tensions in the Middle East. Tyler Kendall reported from the White House on the dramatic developments.

Trump's declaration that negotiations are now impossible marks a significant hardening of U.S. rhetoric toward Iran. The timing coincides with Israel's latest military operations, suggesting coordinated messaging between Washington and Tel Aviv. The president's use of Truth Social for this announcement underscores the administration's direct communication strategy.

Markets reacted immediately to the news, with oil prices spiking as traders assessed the risk of wider regional conflict. Defense contractors saw their shares rise on expectations of increased military spending. The situation represents a major escalation that could reshape Middle East geopolitics and energy markets.