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Hegseth Declares Victory in War on Iran After Ceasefire Deal: Press Conference

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April 8, 2026

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Secretary of Defense Pete Hegseth and chairman of the Joint Chiefs of Staff General Dan Caine declared victory over Iran in a Pentagon press conference, a day after Iran and the US agreed to a two-week ceasefire. Hegseth described the war as a 'historic and overwhelming victory' for the United States and told reporters that Iran had 'begged' for a ceasefire.  US Defense Secretary Pete Hegseth declared today a “historic and overwhelming” victory over Iran, but there was little evidence of that in the Strait of Hormuz, the key waterway where hundreds of ship remain stuck.

Hegseth spoke a day after President Donald Trump announced a two-week ceasefire, in a dramatic climb-down from pledges to annihilate Iran unless US conditions were met.

Less than 24 hours later, it wasn’t clear whether the truce had even taken effect — with reports of ongoing hostilities rife across the Persian Gulf  and Pakistan, which had  brokered the agreement, warning against violations that threaten to undermine diplomacy.

The accord nonetheless triggered a massive market relief rally, even if there were plenty of signs it may not hold. While US rationales for the war shifted since the conflict began, Hegseth said the US has accomplished its war aims, including destroying Iranian ballistic missile capabilities, sinking the country’s navy that menaced merchant vessels in the region and bombing the country’s defense industrial base.

With a tentative ceasefire now in place, Chairman of the Joint Chiefs of Staff General Dan Caine praised the halt in fighting but added: “Let’s be clear, the ceasefire is a pause and the joint force remains ready.”

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Guests & Subjects Covered

Defense Pete HegsethJoint ChiefsStaff General Dan CaineUnited StatesPresident Donald TrumpPersian GulfWhile USWatch Bloomberg Radio LIVE

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