{"id":106798,"date":"2026-04-02T00:00:00","date_gmt":"2026-04-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/?p=106798"},"modified":"2026-04-02T03:45:53","modified_gmt":"2026-04-02T03:45:53","slug":"us-is-almost-done-with-war-on-iran-trump","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/","title":{"rendered":"US is almost done with war on Iran -Trump"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, folks. <\/strong>The US is \u201cvery close\u201d to ending the war on Iran \u2014 that\u2019s the main takeaway from US President Donald Trump\u2019s address early this morning. While we were expecting some grand announcement \u2014 a ceasefire agreement or a ground invasion \u2014 the speech didn\u2019t provide any of that. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Here\u2019s what you need to know: <\/strong>Trump shifted his tone regarding the re-opening of the Strait of Hormuz, downplaying Washington\u2019s role. Instead, he said, the operation should be led by countries that \u2014 unlike the US \u2014 rely heavily on the strait for oil imports, adding that the waterway will \u201copen up naturally\u201d after the war ends. This runs counter to Trump\u2019s <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/03\/16\/egypt-freezes-electricity-prices-for-now\/\" style=\"\">call on NATO allies<\/a> to help Washington revive traffic in the waterway last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Trump also reiterated his timeline of continuing strikes on Iran for the next two to three <\/strong><strong>weeks<\/strong>, threatening to target its energy infrastructure if \u201cthere\u2019s no deal.\u201d He also thanked US allies in the region \u2014 including Saudi Arabia and the UAE \u2014 and vowed that Washington would \u201cnot let them get hurt.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market reax: <\/strong>Oil and equities tumbled following the speech, which investors hoped would bring news of a de-escalation. Following the speech, Brent crude futures rose 5% to USD 106.42, and Asian markets opened in the red, with Japan\u2019s Nikkei and South Korea\u2019s Kospi looking at steep losses. Wall Street is also looking at a volatile day of trading, with futures down. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Trickling on: <\/strong>Light to moderate thunderstorms are still hanging over most of the Kingdom, so pack your umbrellas. <\/p>\n<ul>\n<li>Riyadh: 29\u00b0C high \/ 16\u00b0C low;<\/li>\n<li>Jeddah: 38\u00b0C high \/ 25\u00b0C low;<\/li>\n<li>Makkah: 40\u00b0C high \/ 27\u00b0C low;<\/li>\n<li>Dammam: 28\u00b0C high \/ 16\u00b0C low.<\/li>\n<\/ul>\n<p class=\"tag-border-left\"> Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>GDP<\/strong><strong> WATCH \u2014 The GCC is likely to slip <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/03\/11\/saudis-gdp-growth-to-see-lowest-drag-in-the-region-oxford-economics\/\" style=\"\">into<\/a><\/strong><strong> a war-induced recession <\/strong><strong>this year, wit<\/strong><strong>h GDP now projected to contract by 0.2%<\/strong>, according to a recent <a target=\"_blank\" href=\"https:\/\/www.oxfordeconomics.com\/resource\/iran-war-set-to-push-gcc-economies-into-recession\/\" style=\"\">research note<\/a> from Oxford Economics. The forecast represents a massive 4.6 percentage point downgrade from pre-war estimates as the Iran war enters its second month and reshapes the region's economic outlook.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia is seeing a much shallower downgrade than its neighbors<\/strong>, the note explains. The differentiator here is geography, as the Kingdom\u2019s ability to bypass the Strait of Hormuz allows it to maintain strong export levels while the rest of the bloc is choked by logistical blockades. Also, the Kingdom\u2019s public finance could see some positive gains as they are able to export oil at higher prices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Kingdom<\/strong><strong>, Qatar, and Jordan are calling for a joint Arab action to address <\/strong><strong>the economic fallout from the war<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/news\/mena\/2026\/03\/30\/saudi-arabia-qatar-and-jordan-seek-joint-arab-action-on-economic-troubles\/\" style=\"\">The National<\/a> reported. The announcement came after a high-level summit in Jeddah, where leaders from each of the three nations discussed the war\u2019s impact on energy, trade, and regional stability.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>ENERGY \u2014<\/strong> <strong>Aramco ra<\/strong><strong>ised April\u2019s liquefied petroleum gas (LPG) official selling prices <\/strong><strong>sharply <\/strong>\u2014 with propane up by USD 205 to USD 750 per ton and butane up by USD 260 to USD 800 per ton, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/saudi-aramco-sonatrach-raise-lpg-prices-april-by-between-38-80-2026-04-01\/\" style=\"\">Reuters<\/a> reports, citing traders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Is this about demand? Or is supply getting hit hard? <\/strong>Aramco\u2019s Juaymah terminal <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/02\/26\/this-morning-view-united-real-estate-gears-up-for-main-market-transfer\/\" style=\"\">outage<\/a> last month cut shipments to Asia in March, right when the market needed them, while a third of global seaborne LPG supply was cut off due to Hormuz constraints and damaged capacity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IP<\/strong><strong>O \u2014 Facilities Management Company is on track to make its Tadawul debut <\/strong>after the Capital Market Authority <a target=\"_blank\" href=\"https:\/\/www.saudiexchange.sa\/wps\/portal\/saudiexchange\/newsandreports\/issuer-news\/news-detail-wcm\/?newsId=9317&locale=en\" style=\"\">greenlit<\/a> its IPO. The facility management provider will list 30% of its share capital \u2014 represented by 42 mn shares. We\u2019ll be watching the company\u2019s prospectus for more details on the offering. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a id=\"wwtt3\"><\/a> T<\/strong><strong>he <\/strong><strong>unemployment rate <\/strong><strong>for citizens<\/strong><strong> fell to 7.2% in 4Q 2025<\/strong>, a 0.3 percentage point drop from <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/12\/30\/the-bad-kind-of-recovery\/\" style=\"\">3Q<\/a>, according to figures from <a target=\"_blank\" href=\"https:\/\/www.stats.gov.sa\/documents\/d\/guest\/lms-q4_2025_pr_en-press-release-1-pdf\" style=\"\">Gastat<\/a>. The unemployment rate for the total population (Saudis and non-Saudis) edged up slightly to 3.5%, representing a 0.1 percentage point increase over 3Q 2025, but remained stable y-o-y.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Female participation is the engine:<\/strong> The bright spot in the data is the Saudi female unemployment rate, which dropped by 1.8 percentage points to 10.3%, its lowest level on record. Their labor force participation rate also reached 34.5%, up 0.8 percentage points from the previous quarter. The employment-to-population ratio of Saudi women went up by 1.3 percentage points to 31.0%.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"ksa\/en\/user\/NewsLetters\" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>***<\/strong><strong>You\u2019re reading EnterpriseAM Saudi<\/strong>, your essential daily roundup of business, economics, and must-read news about Saudi, delivered straight to your inbox. We\u2019re out Sunday through Thursday by 7am Riyadh time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM Saudi is available without charge <\/strong>thanks to the generous support of our friends at Tas\u2019heel and Hassan Allam Properties.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea<\/strong>, request coverage, ask for a correction, or otherwise get in touch? Reach out to us on <a target=\"_blank\" href=\"mailto:climate@enterprisemea.com\" style=\"\">saudi@enterpriseAM.com<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW <\/strong>that we also cover <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\">Egypt<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\">the UAE<\/a>, the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\">logistics<\/a> industry, and the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\">MENA <> India<\/a> corridor?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Were you forwarded this email? <\/strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/newsletters\/\" style=\"\">Tap or click here<\/a> to get your own copy of EnterpriseAM Saudi delivered every weekday.<br \/><strong>***<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">The big story abroad <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Apart from Trump\u2019s a<\/strong><strong>ddress (which we dive into in the news well, above), space is a big theme on the front pages this morning. <\/strong>Elon Musk\u2019s SpaceX has confidentially filed for an IPO, which could value the firm at above USD 1.75 tn, sources close to the matter told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-01\/spacex-is-said-to-file-confidentially-for-ipo-ahead-of-ai-rivals?srnd=homepage-middle-east\" style=\"\">Bloomberg<\/a>. A confidential filing allows the satellite and AI company to seek feedback from the Securities and Exchange Commission and make changes before any information goes public.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To infinity and beyond: <\/strong>NASA\u2019s first crewed mission to the moon in more than 50 years <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/science\/nasa-counts-down-first-crewed-lunar-mission-half-century-2026-04-01\/\" style=\"\">took<\/a><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/science\/nasa-counts-down-first-crewed-lunar-mission-half-century-2026-04-01\/\" style=\"\">off yesterday<\/a>. The Artemis II launched from Florida and will take four astronauts around the side of the moon \u2014 the furthest humans have ever traveled from Earth. The move signals that Washington aims to cement its leadership in space exploration amid tough competition from China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, folks. The US is \u201cvery close\u201d to ending the war on Iran \u2014 that\u2019s the main takeaway from US President Donald Trump\u2019s address early this morning. While we were expecting some grand announcement \u2014 a ceasefire agreement or a ground invasion \u2014 the speech didn\u2019t provide any of that. Here\u2019s what you need [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":106799,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2540],"tags":[1628,10,9],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-106798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-donald-trump","tag-enterpriseam-ksa","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"b542e8a8-3b9e-4bfc-873d-0cfa08e76476","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/4\/102.JPG","photo_position":"above","homepage_title":"","full_issue_title":"A lackluster war update from Trump","related_issue":[106796],"teaser":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>US is almost done with war on Iran -Trump - KSA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US is almost done with war on Iran -Trump\" \/>\n<meta property=\"og:description\" content=\"Good morning, folks. The US is \u201cvery close\u201d to ending the war on Iran \u2014 that\u2019s the main takeaway from US President Donald Trump\u2019s address early this morning. While we were expecting some grand announcement \u2014 a ceasefire agreement or a ground invasion \u2014 the speech didn\u2019t provide any of that. Here\u2019s what you need [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/\" \/>\n<meta property=\"og:site_name\" content=\"KSA\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-02T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-02T03:45:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/102.JPG?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"US is almost done with war on Iran -Trump\",\"datePublished\":\"2026-04-02T00:00:00+00:00\",\"dateModified\":\"2026-04-02T03:45:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/\"},\"wordCount\":989,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/102.JPG?fit=%2C&ssl=1\",\"keywords\":[\"Donald Trump\",\"EnterpriseAM KSA\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/\",\"url\":\"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/\",\"name\":\"US is almost done with war on Iran -Trump - 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KSA","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/","og_locale":"en_US","og_type":"article","og_title":"US is almost done with war on Iran -Trump","og_description":"Good morning, folks. The US is \u201cvery close\u201d to ending the war on Iran \u2014 that\u2019s the main takeaway from US President Donald Trump\u2019s address early this morning. While we were expecting some grand announcement \u2014 a ceasefire agreement or a ground invasion \u2014 the speech didn\u2019t provide any of that. Here\u2019s what you need [&hellip;]","og_url":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/","og_site_name":"KSA","article_published_time":"2026-04-02T00:00:00+00:00","article_modified_time":"2026-04-02T03:45:53+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/102.JPG?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/ksa\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"US is almost done with war on Iran -Trump","datePublished":"2026-04-02T00:00:00+00:00","dateModified":"2026-04-02T03:45:53+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/"},"wordCount":989,"publisher":{"@id":"https:\/\/enterpriseam.com\/ksa\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/102.JPG?fit=%2C&ssl=1","keywords":["Donald Trump","EnterpriseAM KSA","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/","url":"https:\/\/enterpriseam.com\/ksa\/2026\/04\/02\/us-is-almost-done-with-war-on-iran-trump\/","name":"US is almost done with war on Iran -Trump - 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