US president’s claim that conflict is nearing end prompts 15% drop in Brent crude and stock market climb in Asia

President Donald Trump said U.S. troops will withdraw from Iran in 2-3 weeks, renewing market optimism of an end to the conflict, which has disrupted energy markets.

The price of Brent crude oil to be delivered in May rose by a record 64% in March as the conflict disrupted energy supplies.