Just before the latest strikes Trump said Iran would be hit ‘very hard’; UAE says Iranian cruise missiles hit two oil tankers in strait, killing a crew member and wounding eight
Stocks have fallen and oil hit a one-month high in Asian trading on Tuesday after Donald Trump said the US was reinstating its blockade of Iranian shipping in the strait of Hormuz.
Shares in Taiwan and South Korea were particularly hard hit, while Japan’s Nikkei 225 fell 0.8%.
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This article was originally published by The Guardian and written by Adam Fulton.
Read original article on The Guardian