Australia PM: Iran War Goals Met, Not Clear What More to Achieve

Albanese called for de-escalation, noting that US-Israeli attacks had degraded Iran's air force, navy and military industrial base.

"Now those objectives have been realised it is not clear what more needs to be achieved or what the end point looks like," he said during a speech in the capital Canberra.

"What is clear is that the longer the war goes on the more significant the impact on the global economy will be."

Albanese's comments came as US President Donald Trump gave a highly anticipated speech laying out his view of the war, vowing two to three more weeks of "extremely hard" strikes against Iran.

Trump said the United States was aiming to crush Iran's military, end the Islamic republic's support for regional armed groups and prevent it from obtaining a nuclear bomb.

"I'm pleased to say that these core strategic objectives are nearing completion," Trump said in a 19-minute televised speech.