Iran has 'necessary will' to end war, but seeking guarantees: president

Tehran, Iran - Iranian President Masoud Pezeshkian said on Tuesday his country had the "necessary will" to end the ongoing war with Israel and the United States, but was seeking guarantees that the conflict would not be repeated.

"We possess the necessary will to end this conflict, provided that essential conditions are met -- especially the guarantees required to prevent repetition of the aggression," Pezeshkian said in a phone conversation with the president of the European Council, according to a statement from his office, reiterating a key demand of Tehran's.

Responding to a 15-point US plan for ending the war last week, Iran issued a five-point counterproposal that also called for ending the "aggression" and establishing a mechanism guaranteeing that neither Israel nor the United States would return to war, Iranian media reported.

"The solution to normalising the situation is the cessation of their aggressive attacks," Pezeshkian said on Tuesday.

The comment, which boosted US markets and led oil prices to fall, came after a day of heavy strikes on Iran and followed a warning from the powerful Islamic Revolutionary Guard Corps to retaliate against leading US tech firms such as Google from Wednesday if more Iranian leaders were killed in "targeted assassinations".

The war began on February 28 when the US and Israel launched a wave of attacks on Iran, killing its supreme leader and touching off salvos of retaliatory missile and drone attacks on countries across the region.

- Trump to address Americans -

US President Donald Trump will give an address to the nation on Wednesday night "to provide an important update on Iran," the White House said.

The announcement comes as the commander-in-chief said US forces would end operations in Iran "very soon," evoking a timeline of two to three weeks as his administration pursues talks while continuing its aerial campaign.

Asked about the impact of high fuel prices since the war began on February 28, Trump told reporters: "All I have to do is leave Iran, and we'll be doing that very soon, and they'll come tumbling down."