Asian stocks retreated on Thursday as oil prices continued to surge amid the continued closure of the critical Strait of Hormuz.
In a significant escalation of the Middle East conflict, Iran seized two cargo ships seeking to exit the Gulf via the vital global oil route and warned that the U.S. and Israel will not achieve their goals ‘through bullying.’
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Market Analysis
Asian Shares Slide As US-Iran Tensions Persist
2026-04-23 08:45:18
