Global stock markets tumble as Trump bid to avert oil crisis in strait of Hormuz fails to reassure - short news
South Korea’s benchmark Kospi index leads Asian market sell-off, despite Donald Trump’s suggestion that US Navy could protect vessels moving through vital strait of Hormuz
Global markets tumbled further on Wednesday despite Donald Trump’s offer to have the US navy escort tankers through the strait of Hormuz and the US military’s claim that there is “not a single Iranian ship underway” in the crucial waterway.
The Middle East conflict has crippled the strait which was..
source: The Guardian - 04.03.2026