Trump national address on Iran war causes global oil price surge
In a televised national address on April 1, 2026, President Trump stated that the U.S. is 'nearing completion' of its strategic objectives in the war against Iran. He asserted that major energy infrastructure has been secured and military operations could wrap up 'shortly.' The announcement, however, included warnings of continued 'hard strikes,' causing global oil prices to rise by 4% and Asian markets to fall in early trading.