Asia Markets Cautious as Trump Sets Deadline for Strait of Hormuz, Oil Rises and Bonds Slide
Asian markets opened mixed as U.S. President Donald Trump's warning to Iran about reopening the Strait of Hormuz raised geopolitical risk, pushing oil higher and government bond yields up while equity moves varied. Liquidity was light amid regional holidays, and investors weighed looming U.S. economic data alongside ongoing supply concerns for crud…