Amy Morris

will consider a ceasefire with Iran when the Strait of Hormuz is open.

The president posting on social media that Iran has asked for a ceasefire.

But Iran says, no, the Strait won't reopen based on Trump's, quote, absurd displays and that the future of the Hormuz Strait will be decided by Iran and Oman.

Still, Trump says the U.S.

will be out of Iran, in his words, pretty quickly, adding that the U.S.

will return to do what he called spot hits if necessary.

President Trump is set to address the nation tonight.

Reuters reports he'll spend time during tonight's televised address to criticize NATO for its perceived lack of support in the military operation.

Trump told Reuters he's absolutely considering an attempt to withdraw the U.S.

from NATO.

The NATO Supreme Allied Commander, Pierre Vandier, argued that the alliance should overcome internal tensions together and needs to quickly adapt to shocks.

Admiral Pierre Vandier spoke with Bloomberg's Jonathan Farrow and Lisa Abramowitz from Norfolk, Virginia.

UK Prime Minister Keir Starmer says no amount of pressure will change his mind about joining the war in the Gulf.

Starmer says the U.K.

must deepen its relationship with Europe as the U.S.-Israeli war with Iran threatens to derail economies across the continent and fracture the transatlantic alliance.

Starmer spoke during a press conference at Downing Street in London.

Sources tell Bloomberg Emirates Global Aluminum halted operations at its smelter after the site was hit by Iranian missiles and drones over the weekend.

That sent shares of aluminum higher.

Both Alcoa shares and Century Aluminum are more than 6% higher.

Private sector employment increased by 62,000 jobs in March.