Oil prices fell after Trump signaled war could end. Brent dropped 8.5% to $92.50. US oil fell 9% to $88.60. Trump called conflict a 'short-term excursion'. Trump warned Iran would face 'TWENTY TIMES HARDER' retaliation. Asian markets rose with Nikkei 225 up 2.8%. Treasury yields fell to 4.117% and 3.563%. G7 meets to discuss oil reserve releases. IEA director mentions emergency stock options. Prices remain 30% above earlier levels. Strait of Hormuz remains closed. JPMorgan warns of supply losses from bottlenecks