US-Iran war, April 2 -- US President Donald Trump, in his address to the nation on Wednesday, hinted that Washington could end its military operation in Iran in the coming two to three weeks. He, however, avoided giving any definite date and also said the US will hit the West Asian country hard during this period.

Moreover, Trump in his speech also avoided giving any signals about what will happen to the Strait of Hormuz, which is choking off oil supply, driving prices to multi-year highs.

Markets globally fell sharply after Trump's aggressive tone on Iran and the persisting uncertainty over the reopening of the Strait of Hormuz.

The Sensex and the Nifty 50 crashed more than 2% during Thursday's session. Among other Asian markets, Kore...