U.S. President Donald Trump's threat to hit Iran "extremely hard" in the next two or three weeks has negatively impacted Asian stocks, U.S futures and oil prices. The first targets of the president's "Epic Fury," Washington's name for the Iran operation, were Asian stock futures and Treasury yields. Despite his claim that the U.K. has met all its objectives, analysts believe that further escalation is still a possibility. The dollar also strengthened against other major currencies, with the Euro trading at 1.153 and the pound falling 0.57%. Analysts suggest that the longer the conflict continues, the greater the risk of elevated energy prices.