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Global markets recoiled as war jitters over Iran deepened, with stocks sliding and oil surging after Trump's speech.

Stocks Slide, Oil Surges As Trump Vows To Keep Hitting Iran

Trump's comments also rekindled concerns over stagflation, the toxic mix of high inflation and weak growth that roiled markets in March.

Real time pushes:

Trump says Iran war could be over “very soon”, America’s allies lose patience and Britain’s embattled broadcaster gets a new boss

Elle Macpherson rings in 62nd birthday in kiwi green lacy underwear and no-makeup look

Trump says Iran war will end 'shortly' as he rips into allies for lacking 'courage'

Trump says Iran 'no longer a threat,' outlines next steps in war

Oil jumps as Donald Trump vows to hit Iran 'extremely hard' in coming weeks — follow live

In a meandering speech, Trump threatened war crimes, said the Strait of Hormuz would open “naturally” and gave no timeline or plan for his Iran war.

President Trump says 'core strategic objectives' in Iran war are 'nearing completion' in primetime address

Oil surges and stocks fall as Trump says the US will hit Iran "extremely hard" over the next two to three weeks. Follow the latest.

The president warned that the US will hit Iran "extremely hard" over next two to three weeks