Asian Stocks Surge as Trump Signals U.S. Exit Timeline from Iran Conflict

By Blessing Nweke

Asian stock markets rallied sharply on Wednesday morning after U.S. President Donald Trump announced that the United States would withdraw from the Iran conflict within “two to three weeks,” regardless of whether a deal is reached with Tehran.

Japan’s Nikkei 225 jumped nearly 4% in early trading, while South Korea’s Kospi surged more than 6%, reflecting renewed investor optimism. Despite the gains, both indexes remain below levels seen before the war began on February 28, highlighting ongoing uncertainty in global markets.

Oil prices also continued to climb. Brent crude for June delivery rose 1.2% to $105.36 per barrel, following a dramatic 64% increase in March—the largest monthly surge since 1990. The spike was triggered by fears of supply disruptions after Iran threatened to block the Strait of Hormuz, a critical global shipping route.

Speaking from the Oval Office, Trump stated that Iran is “begging to make a deal,” but emphasized that any agreement would not alter the U.S. timeline. Meanwhile, Iranian President Masoud Pezeshkian said Tehran is willing to end the conflict but insists on guarantees to prevent future aggression.

Analysts warn that rising oil prices could further strain global economies, as crude remains a key driver of fuel costs. Increased demand from refiners, particularly for jet fuel and diesel, has added to price pressures amid supply shortages.

Tensions remain high in the Middle East. Airstrikes hit Beirut on Tuesday, with Israel targeting senior Hezbollah figures. Trump is expected to address the public later Wednesday, as markets continue to react to developments in the conflict.