Emerging Market Currencies Pare Drop as Oil Prices Retreat
Bloomberg
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Emerging-market currencies pared earlier losses on Monday as oil prices retreated, easing some of the risk-off pressure across EM assets as the deadline passed for the US blockade of the Strait of Hormuz to come into effect.
Trump orders Hormuz naval blockade
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Oil Climbs Above $100 a Barrel as Trump’s Hormuz Blockade Deepens Energy Shock
Wall Street Journal —
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Trump warns Iranian naval ships approaching US blockade will be 'eliminated'
LBC —
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Trump says Iranian ships will be ‘eliminated’ as US naval blockade begins
Al Jazeera —
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U.S. blockade of Strait of Hormuz set to begin
CNBC —
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Trump’s blockade on Strait of Hormuz begins: What to know
The Hill —