Main by morning: Trump names timeline to end war, IndiGo soars on CEO news

US President Donald Trump has said he expects to end the war with Iran within two to three weeks. Shares of InterGlobe Aviation, the operator of India's largest airline IndiGo, jumped more than 9% after the change of CEO. These and other topics are covered in our review of key events by the morning of April 1.

US President Donald Trump said he expects to end the war with Iran within two to three weeks, noting that the key goal of preventing Tehran from having nuclear weapons has already been achieved, Bloomberg reports. According to him, Washington is ready to withdraw from the conflict without a separate agreement with Iran, and he claims regime change has taken place, although it was not the original goal.

At the same time, the timing remains uncertain, and the US keeps the possibility of escalation, building up its military presence in the Middle East region, the agency writes. The Trump administration also admits reconsidering the role of NATO after the conflict, and the US president criticized the allies for inaction on the issue of the Strait of Hormuz, saying that the US will not engage in unblocking it.

Oil prices continued to rise in the early hours of the Asian session amid the attacks in the Persian Gulf and Donald Trump's signals of an imminent US withdrawal from the conflict with Iran, despite the fact that the Strait of Hormuz remains effectively closed, CNBC writes.

June contracts for Brent rose by 1.5% to $105.6 per barrel, and WTI - to $102.9; in March, oil quotations showed record growth - more than 60% and 50% respectively. The conflict has already led to serious supply disruptions: about 20% of the world's oil used to pass through the Strait of Hormuz, the channel recalled. At the time of publication futures for Brent with delivery in June lost growth and went into negative - traded at $103.9, losing about 3% against the previous close.

Shares of InterGlobe Aviation, operator of India's largest airline IndiGo, rose more than 9% in the moment after the appointment of industry veteran William Walsh as the new CEO, CNBC writes. He will take up the job in early August, succeeding Peter Elbers, who abruptly stepped down after criticism over pilot scheduling failures and mass flight cancellations. Walsh previously served as CEO of British Airways.

The appointment comes amid pressure on the industry due to the conflict in the Middle East and related airspace restrictions, the channel points out. Earlier, rating agency ICRA had downgraded the outlook on the company to negative, expecting pressure on financials. IndiGo maintains its market leadership with a share of about 65%, well ahead of Air India, and the company expects Walsh's experience to help support further growth, CNBC writes.

The NFL has approved the sale of 7% of the Las Vegas Raiders club to investors Egon Durban and Michael Meldman at a valuation of $11.1 billion, CNBC reports. The deal includes a 10% "flip tax" (commission fee) in favor of the league, provided by the agreement to move the team to Las Vegas: it is valid for such transactions until 2037.

Durban also received the right of priority buyout of the controlling stake in case of its sale by owner Mark Davis. Previously, investors had already acquired 15% of the club at a valuation of $6.5 billion, with Tom Brady becoming a minority shareholder.

- Japan's broad Topix index was up 4.3 percent on April 1, while the Nikkei 225 was up 4.6 percent.

- Hong Kong's Hang Seng Index rose 2.3 percent, while mainland China's CSI 300 Index gained 1.6 percent.

- In South Korea, the Kospi index was up 8% and the Kosdaq was up 6.1%.

- Australia's S&P/ASX 200 was up 2.2 percent.

- Futures on the S&P 500 were up 0.3%, while futures on the Nasdaq Composite were up 0.5%. Exchange-traded contracts on the Dow Jones Industrial Average were up 0.2%.

This article was AI-translated and verified by a human editor