Asian markets rose on signs of more traffic through the Strait of Hormuz, with Korea’s Kospi up nearly 3% and Japan’s Nikkei 225 gaining 1.5%.
Brent crude rose above $110 a barrel after President Donald Trump reiterated threats to strike civilian sites in Iran.
Al Jazeera’s Patrick Fok reports from Singapore.
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Strait of Hormuz Shipping Crisis
- Trump Says US Can “Take the Oil” as Hormuz Crisis Deepens Al Jazeera —
- 'Regime change' in the Strait of Hormuz sees 20,000 sailors stranded at sea ABC News —
- French ship becomes first western vessel allowed through Strait of Hormuz since start of Iran war after Macron blasts Trump for strategy and 'inelegant' remarks about wife Brigitte Daily Mail —
- 7th India-flagged LPG tanker crosses Hormuz, 17 in queue Times Of India —
- Trump’s Mission Impossible for Allies: Reopening the Strait of Hormuz Wall Street Journal —