Asian markets drop after Trump signals he’ll bomb Iran ‘back to the stone ages’, tells other countries to ‘take the lead’ in reopening Hormuz

Asian investors reacted poorly to U.S. President Donald Trump’s nationwide address on Thursday. After more than a day of speculation as to what Trump might discuss, ranging from sending in ground forces to plans for a ceasefire, the president’s address instead signaled a continued conflict and energy disruptions.

Trump delivered his address right as trading had started in some Asian markets. In his 20-minute long speech, the president said the U.S. will likely continue military operations for another 2-3 weeks...