Trump's Hormuz Blockade Hits Asia, China Hard
April 13, 2026·about 2 hours ago·via The Economic Times

President Trump threatens to blockade the Strait of Hormuz after peace talks with Iran break down. The move risks severe economic pain for Asia allies and China, disrupting vital oil shipments through the strategic chokepoint. Global markets brace for higher energy prices as tensions escalate in the Middle East. U.S. officials warn of broader fallout, while Beijing urges restraint to protect trade routes. The standoff piles pressure on key partners already navigating supply chain woes. Read more about this...