Trump speech sparks oil price jump, Asia stock slide
Markets
‘We are going to hit them extremely hard over the next 2 to 3 weeks,’ Trump warns Iran
In a televised speech on April 1, U.S. President Donald Trump said the war in Iran is nearing its end and that the flow of energy in the Middle East will return to normal soon. (Nikkei montage/Source photos by Reuters)
JADA NAGUMO and AKANE OKUTSU
April 2, 2026 11:41 JST
Updated on April 2, 2026 17:47 JST
TOKYO — Crude oil futures rose and stocks fell in Asia on Thursday following U.S. President Donald Trump’s address to the nation about the Iran war, in which he boasted of “overwhelming victories on the battlefield” while also threatening additional strikes against the Islamic Republic.
