ABC News – Australia ·australia ·7 hours ago

Trump strait blockade shows he's playing loose with fortunes of financial markets

US President Donald Trump announced a blockade of the Strait of Hormuz, heightening tensions after negotiations with Iran. Oil prices surged over 8 percent as the blockade raises concerns for global economic stability and security in the region. Analysts express skepticism about the blockade's effectiveness and its implications for US relations with China and Gulf states.

Read full on ABC News – Australia →

Summary by Glance · ABC News – Australia

Newer
Next