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Oil prices surged past $100 after U.S.-Iran talks collapsed and Washington moved toward a naval blockade, setting a cautious tone for Asia markets at the open.
Source
CNBC
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Overseas funds have dumped $18.8 billion of stocks in 2026, and failed truce talks add to risks.
Michael Ratney, Former US Ambassador to Saudi Arabia and US Special Envoy for Syria, says the Trump Administration's plan to move US Navy forces to block the Strait of Hormuz 'injects enormous element of risk and uncertainty' that could lead to more spikes in energy prices and potential retaliation from Iran. He speaks with Shery Ahn and Haidi Stroud Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Asian liquefied natural gas imports have dropped to the lowest in almost six years as the conflict in the Middle East chokes supplies and forces buyers to curb consumption.
Looking for help with today's NYT Strands puzzle? Here's an extra hint to help you uncover the right words, as well as all of today's answers and Spangram.
