Hong Kong, April 2, 2026 (AFP) - Oil rallies, stocks tumble as Trump says US to hammer Iran further

NAMPA / AFP
2026-04-02
Oil prices spiked and stocks sank on Thursday after Donald Trump reiterated that US forces would hammer Iran for another two to three weeks but offered no solution to the closure of the Strait of Hormuz that has crippled global markets. Investors were left unimpressed with the US president's first prime-time address to the nation since the war began, in which he again called on countries that rely on the waterway for energy supplies to reopen it......
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CHAM-CHAM, 01 April 2026 - Water tanks at Cham-Cham village in the Oshikoto Region. (Photo by: Max Henrich) NAMPA

CHAM-CHAM, 01 April 2026 - Water tanks at Cham-Cham village in the Oshikoto Region. (Photo by: Max Henrich) NAMPA

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SIBBINDA, 31 April 2026 - Deputy Executive Director in the Ministry of Environment, Forestry and Tourism, Colgar Sikopo (left) responding to some of the flash floods victims' concerns on human-wildlife conflict at the Sibbinda relocation camp. Pictured with him is Constituency Councillor Matengu Nkando.
(Photo by: Michael Mutonga Liswaniso) NAMPA

SIBBINDA, 31 April 2026 - Deputy Executive Director in the Ministry of Environment, Forestry and Tourism, Colgar Sikopo (left) responding to some of the flash floods victims' concerns on human-wildlife conflict at the Sibbinda relocation camp. Pictured with him is Constituency Councillor Matengu Nkando. (Photo by: Michael Mutonga Liswaniso) NAMPA

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WINDHOEK, 01 April 2026 - FNB Namibia has secured eight accolades at the 2026 Professional Management Review (PMR) Africa Awards. (Photo: Contributed)

WINDHOEK, 01 April 2026 - FNB Namibia has secured eight accolades at the 2026 Professional Management Review (PMR) Africa Awards. (Photo: Contributed)

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OMUTHIYA, 01 April 2026- The Oshikoto region Under-20 football and netball teams.

(Photo: Max Henrich) NAMPA

OMUTHIYA, 01 April 2026- The Oshikoto region Under-20 football and netball teams. (Photo: Max Henrich) NAMPA

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01 April 2026 - Minister of Works and Transport Veikko Nekundi officially inaugurated the newly constructed Aris River Bridge between Windhoek and Rehoboth. (Photo: Contributed)

01 April 2026 - Minister of Works and Transport Veikko Nekundi officially inaugurated the newly constructed Aris River Bridge between Windhoek and Rehoboth. (Photo: Contributed)

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WLOTZKASBAKEN, 31 MARCH 2026 - A delegation of different utilities leaders and representatives from Southern Africa went on a familiarisation visit to the Orano Desalination Plant at Wlotzkasbaken as part of the Water Utilities Executive Leadership Conference taking place at Swakopmund. (Photo contributed )

WLOTZKASBAKEN, 31 MARCH 2026 - A delegation of different utilities leaders and representatives from Southern Africa went on a familiarisation visit to the Orano Desalination Plant at Wlotzkasbaken as part of the Water Utilities Executive Leadership Conference taking place at Swakopmund. (Photo contributed )

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WLOTZKASBAKEN, 31 MARCH 2026 - A delegation of different utilities leaders and representatives from Southern Africa went on a familiarisation visit to the Orano Desalination Plant at Wlotzkasbaken as part of the Water Utilities Executive Leadership Conference taking place at Swakopmund. (Photo contributed )

WLOTZKASBAKEN, 31 MARCH 2026 - A delegation of different utilities leaders and representatives from Southern Africa went on a familiarisation visit to the Orano Desalination Plant at Wlotzkasbaken as part of the Water Utilities Executive Leadership Conference taking place at Swakopmund. (Photo contributed )

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NCAMAGORO, 26 March 2026 - The principal of Ncamagoro Combined School in the Kavango West Region, Mukuve Sikongo. (Photo by: Sawi Hausiku) NAMPA

NCAMAGORO, 26 March 2026 - The principal of Ncamagoro Combined School in the Kavango West Region, Mukuve Sikongo. (Photo by: Sawi Hausiku) NAMPA

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