SYDNEY, July 13 : Share markets slid in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar rose with bond yields as investors narrowed the odds of a hike in interest rates

Markets face more uncertainty after a wave of strikes on Iran over the weekend and Tehran closed the Strait of Hormuz to shipping.

SYDNEY, July 13 : Share markets slid in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging…

SYDNEY, July 13 : Share markets slipped in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices…

Brent crude climbs 3.3 per cent in early trade to reach $78.50 a barrel

New clashes over control of Strait of Hormuz put investors in ‘risk-off’ mode

(Bloomberg) -- A standoff between the US and Iran lifted oil prices, dragging down stocks and bonds after clashes over the Strait of Hormuz raised concerns about a disruption in…

The Australian sharemarket has retreated at the open while oil prices surged after the United States and Iran escalated their grapple for control over the Strait of Hormuz.