Trump on Tuesday dismissed concerns about the economic impact of the conflict.
President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites.
Following the announcement of a two-week ceasefire, initial U.S.-Iran talks in Pakistan in April failed to reach a peace deal.
Trump later announced the open-ended extension of the ceasefire and the continuation of a U.S. blockade until negotiations are concluded "one way or the other."
An Israeli military official told ABC News on Wednesday that the country is "monitoring closely the talks between the U.S. and Iran."
The Israel Defense Forces, the official said, "is in constant contact with our U.S. counterparts. The IDF has various operational plans and we are prepared for all scenarios."
The Senate advanced legislation Tuesday that seeks to force President Donald Trump to withdraw from the Iran war, as a growing number of Republicans defied the president's wishes.
Since Trump ordered the attack on Iran at the end of February, Democrats have forced repeated votes on war powers resolutions that would require him to either gain congressional approval for the war or withdraw troops. Republicans had been able to muster the votes to reject those proposals, but Louisiana Sen. Bill Cassidy - fresh off a primary election loss in which Trump endorsed his opponent - switched sides to deliver a crucial vote to pass the legislation.
President Donald Trump offered an account of the details and timeline related to his decision to call off a planned attack on Iran this week, while setting a new deadline of next week for Iran to strike a deal or face strikes.
During an event showing the construction of the White House ballroom project on Tuesday, the president appeared to suggest that he had been "one hour away" from definitively ordering strikes Iran on Monday before he made the decision to delay the attacks at the request of allies in the region who said there has been progress with Iran peace talks.
"I was an hour away," Trump said on Tuesday. "You're talking about yesterday? We were going to be striking very ... it would have been happening right now. Yeah, it was all done. The boats, the ships are all loaded. They're loaded to the brim, and we're all set to start," Trump said.
But, the president said just moments later that he was "one hour away" from "making the decision" to carry out those strikes.
President Donald Trump said he was "an hour away" from striking Iran, saying the U.S. would have been striking "right now."
The ships are all "loaded" and ready to attack, Trump said during an event the White House Tuesday.
