Global stock markets tumble as Trump bid to avert oil crisis in strait of Hormuz fails to reassure

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

Mar 4, 2026 - 07:00
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Global stock markets tumble as Trump bid to avert oil crisis in strait of Hormuz fails to reassure
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

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