Stories

Wed, 01 Apr 2026

Wed, 01 Apr 2026 Asia stocks jump after Trump suggests Iran war could end in weeks

The price of Brent crude oil to be delivered in May rose by a record 64% in March as the conflict disrupted energy supplies.

* Asian stock markets surge on Wednesday morning after Trump says US will leave Iran in "two to three weeks" regardless of deal
* Japan's Nikkei 225 index up almost 4%, South Korea's Kospi rises by over 6%
* Brent crude oil price for June delivery up 1.2% to $105.36
* Oil price surge driven by expectations that conflict will continue until at least end of April
* Financial markets in Japan and South Korea have been hit hard by the conflict due to their reliance on Middle Eastern energy
* Trump expected to address public on Wednesday evening about war