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South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
The US struck ten Iranian targets on the second consecutive day of military action, putting a fragile ceasefire under serious pressure. The escalation raises immediate risks for Gulf shipping, global oil supply, and regional stability.
US forces struck Iranian missile, drone, and radar sites after Washington accused Tehran of attacking a commercial ship in the Strait of Hormuz, while Iran's Revolutionary Guards retaliated against US positions in the Gulf.
The US struck Iran after an attack on a cargo ship in the Strait of Hormuz, and Iran's naval forces responded by hitting what it described as US military targets. The exchange marks a direct military confrontation in a waterway that carries roughly a fifth of global oil trade.
The U.S. has struck Iran after Trump accused Tehran of violating a 60-day ceasefire in the Strait of Hormuz, collapsing the pause in hostilities during ongoing peace talks. The strike raises immediate concerns about energy supply disruption through the strait, which carries roughly a fifth of the world's oil.
The U.S. and Iran have exchanged strikes for a second straight day, raising fears of a full-scale war. President Trump publicly threatened to intensify bombing unless Iran agrees to a deal, narrowing diplomatic space and lifting energy market risk.
The US launched strikes against Iran after President Trump said Tehran shot down a US Apache helicopter in the Strait of Hormuz. Asian stocks fell and oil prices rose as investors priced in supply disruption risk across a corridor that carries roughly 20 percent of global oil supply.
US forces shot down Iranian drones near the Strait of Hormuz and struck radar sites in Iran, prompting Iran's Revolutionary Guards to fire seven ballistic missiles at Kuwait and Bahrain. The exchange threatens a ceasefire in place since April 8 and keeps a critical global energy chokepoint at risk.
Pakistan's Interior Minister Mohsin Naqvi is set to visit Tehran again, with PM Shehbaz Sharif personally briefing him ahead of the trip as Islamabad continues its shuttle diplomacy between the US and Iran.
US forces shot down four Iranian drones and struck a control station near Bandar Abbas; Iran's Revolutionary Guard responded by targeting a US airbase. Oil prices jumped more than 3 percent as the exchange threatened the fragile ceasefire in place since early April.
US military strikes on Iran, including the downing of four drones and a hit on a control centre in Bandar Abbas, pushed Brent crude up 1.8 percent to $95.95 on Thursday.
The US military struck missile sites and mine-laying boats in southern Iran, calling the action self-defence. The strikes raise the risk of direct escalation near the Strait of Hormuz, a critical chokepoint for global oil supply.
US forces have struck southern Iran while military command says it will maintain restraint under an ongoing ceasefire. President Trump separately declared that Iran's enriched uranium will be destroyed, signaling strikes may target nuclear stockpiles with major consequences for regional stability and oil markets.
President Trump says a peace deal with Iran is largely negotiated, urging negotiators not to rush finalising the agreement. A successful deal would ease oil market risk premiums and reduce geopolitical uncertainty across the Middle East.
Global markets are under pressure as the US-Iran conflict continues with no resolution in sight. Oil supply risk through the Strait of Hormuz, safe-haven demand, and inflation concerns are the main channels hitting equities, currencies, and emerging economies.
Oil surged over $4 a barrel Monday after Trump called Iran's response to a US peace proposal "unacceptable," keeping the Strait of Hormuz closed and global supply tight. The Trump-Xi meeting in Beijing on Wednesday is now the key near-term catalyst for a potential resolution.
Trump says the U.S.-Iran ceasefire still stands after both sides exchanged missile and drone strikes near the Strait of Hormuz. The confrontation directly threatens one of the world's most critical oil shipping routes and raises the risk of further escalation.
US forces disabled two Iranian oil tankers after exchanging fire with Iranian forces in the Strait of Hormuz, escalating tensions despite an active ceasefire. The confrontation threatens oil transit through one of the world's most critical shipping chokepoints, with likely knock-on effects for crude prices and shipping
A CIA assessment found Iran could withstand a naval blockade for roughly four months and had not capitulated despite US strikes. The finding signals that military and economic pressure so far has not forced Tehran to change course, keeping Gulf energy risks elevated.
U.S. fighter jets struck Iranian vessels in the Strait of Hormuz on Friday as part of an ongoing American blockade, while Secretary of State Rubio urged European allies in Rome to help reopen the waterway.
Tag
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
Yesterday · 3 min · Markets
The US struck ten Iranian targets on the second consecutive day of military action, putting a fragile ceasefire under serious pressure. The escalation raises immediate risks for Gulf shipping, global oil supply, and regional stability.
2d ago · 3 min · Global Affairs
US forces struck Iranian missile, drone, and radar sites after Washington accused Tehran of attacking a commercial ship in the Strait of Hormuz, while Iran's Revolutionary Guards retaliated against US positions in the Gulf.
3d ago · 4 min · Global Affairs
The US struck Iran after an attack on a cargo ship in the Strait of Hormuz, and Iran's naval forces responded by hitting what it described as US military targets. The exchange marks a direct military confrontation in a waterway that carries roughly a fifth of global oil trade.
3d ago · 3 min · Global Affairs
The U.S. has struck Iran after Trump accused Tehran of violating a 60-day ceasefire in the Strait of Hormuz, collapsing the pause in hostilities during ongoing peace talks. The strike raises immediate concerns about energy supply disruption through the strait, which carries roughly a fifth of the world's oil.
3d ago · 3 min · Global Affairs
The U.S. and Iran have exchanged strikes for a second straight day, raising fears of a full-scale war. President Trump publicly threatened to intensify bombing unless Iran agrees to a deal, narrowing diplomatic space and lifting energy market risk.
17d ago · 3 min · Global Affairs
The US launched strikes against Iran after President Trump said Tehran shot down a US Apache helicopter in the Strait of Hormuz. Asian stocks fell and oil prices rose as investors priced in supply disruption risk across a corridor that carries roughly 20 percent of global oil supply.
20d ago · 3 min · Global Affairs
US forces shot down Iranian drones near the Strait of Hormuz and struck radar sites in Iran, prompting Iran's Revolutionary Guards to fire seven ballistic missiles at Kuwait and Bahrain. The exchange threatens a ceasefire in place since April 8 and keeps a critical global energy chokepoint at risk.
23d ago · 4 min · Global Affairs
Pakistan's Interior Minister Mohsin Naqvi is set to visit Tehran again, with PM Shehbaz Sharif personally briefing him ahead of the trip as Islamabad continues its shuttle diplomacy between the US and Iran.
24d ago · 4 min · Global Affairs
US forces shot down four Iranian drones and struck a control station near Bandar Abbas; Iran's Revolutionary Guard responded by targeting a US airbase. Oil prices jumped more than 3 percent as the exchange threatened the fragile ceasefire in place since early April.
1mo ago · 4 min · Global Affairs
US military strikes on Iran, including the downing of four drones and a hit on a control centre in Bandar Abbas, pushed Brent crude up 1.8 percent to $95.95 on Thursday.
1mo ago · 4 min · Global Affairs
The US military struck missile sites and mine-laying boats in southern Iran, calling the action self-defence. The strikes raise the risk of direct escalation near the Strait of Hormuz, a critical chokepoint for global oil supply.
1mo ago · 3 min · Global Affairs
US forces have struck southern Iran while military command says it will maintain restraint under an ongoing ceasefire. President Trump separately declared that Iran's enriched uranium will be destroyed, signaling strikes may target nuclear stockpiles with major consequences for regional stability and oil markets.
1mo ago · 3 min · Global Affairs
President Trump says a peace deal with Iran is largely negotiated, urging negotiators not to rush finalising the agreement. A successful deal would ease oil market risk premiums and reduce geopolitical uncertainty across the Middle East.
1mo ago · 3 min · Global Affairs
Global markets are under pressure as the US-Iran conflict continues with no resolution in sight. Oil supply risk through the Strait of Hormuz, safe-haven demand, and inflation concerns are the main channels hitting equities, currencies, and emerging economies.
1mo ago · 3 min · Global Affairs
Oil surged over $4 a barrel Monday after Trump called Iran's response to a US peace proposal "unacceptable," keeping the Strait of Hormuz closed and global supply tight. The Trump-Xi meeting in Beijing on Wednesday is now the key near-term catalyst for a potential resolution.
1mo ago · 3 min · Global Affairs
Trump says the U.S.-Iran ceasefire still stands after both sides exchanged missile and drone strikes near the Strait of Hormuz. The confrontation directly threatens one of the world's most critical oil shipping routes and raises the risk of further escalation.
1mo ago · 2 min · Global Affairs
US forces disabled two Iranian oil tankers after exchanging fire with Iranian forces in the Strait of Hormuz, escalating tensions despite an active ceasefire. The confrontation threatens oil transit through one of the world's most critical shipping chokepoints, with likely knock-on effects for crude prices and shipping
1mo ago · 2 min · Global Affairs
A CIA assessment found Iran could withstand a naval blockade for roughly four months and had not capitulated despite US strikes. The finding signals that military and economic pressure so far has not forced Tehran to change course, keeping Gulf energy risks elevated.
1mo ago · 3 min · Global Affairs
U.S. fighter jets struck Iranian vessels in the Strait of Hormuz on Friday as part of an ongoing American blockade, while Secretary of State Rubio urged European allies in Rome to help reopen the waterway.
1mo ago · 2 min · Global Affairs