During his speech, Trump reiterated that the U.S. objectives in Iran were almost met and said that "we have all the cards" in the conflict.
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Pacific nations are not yet suffering large-scale petrol shortages but are already starting to grapple with the economic impacts of the war, with fuel price hikes threatening to drive up inflation.
Oil surged as Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks. Grouped from 18 articles across 10 sources.
Oil rose sharply and Asian stocks fell after US President Donald Trump said in his first national address since the Iran war began that the US would continue to hit Iran and "finish the job".
One market analyst says Trump warning the Iran war will take 2-3 more weeks, without a plan to reopen the Strait of Hormuz, "was far less than" investors had hoped for.
President Trump delivered a primetime address to the nation on Wednesday, touting U.S. military operations against Iran. Grouped from 4 articles across 3 sources.
Oil shocks crippled past presidencies. The Iran war is putting Trump into the danger zone.