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Asian stocks fall up to 4% as Trump says US will hit Iran 'extremely hard'
short by Vaishnavi Mishra / on Thursday, 2 April, 2026
Asian shares fell up to 4% in early trade, while crude oil prices surged past $105 per barrel on Thursday. This comes as President Donald Trump said US is going to hit Iran "extremely ​hard" over the next two ‌to ⁠three weeks. Japan's Nikkei was down 1,005 points, or 1.87%, while South Korea's KOSPI fell 210.37 points, or 3.84%.
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