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Oil prices spike and Asian markets decline following Donald Trump's announcement of a planned Strait of Hormuz blockade after failed US-Iran ceasefire talks.
Apr 13, 2026
Malaysia introduces new regulations targeting electric vehicles in an effort to curb China’s overwhelming influence in the global automotive market.
Chinese companies in the energy sector are positioned to benefit significantly from the ongoing Middle East conflict due to their dominance in modern grid manufacturing.
Iranian negotiators have stated that a US blockade of the Strait of Hormuz would breach the ceasefire agreement, as tensions escalate in the Middle East.
The U.S. military will commence a blockade of Iranian ports Monday, escalating tensions following failed peace talks and driving oil prices higher.
The Trump administration is evaluating a naval blockade of the Strait of Hormuz to cut off Iran's oil revenues and curb its military funding.
Iranian negotiator Mohammad Baqer Qalibaf declares resistance to US threats, while Trump emphasizes potential naval blockade of Strait of Hormuz.
President Trump predicts higher oil prices and reiterates warnings to Iran as peace talks collapse.
Oil prices soared above $100 as US-Iran talks concluded without an agreement, heightening fears of a worsening global energy crisis.
Oil prices surged over 7% following President Trump's announcement of a naval blockade on Iran and the Strait of Hormuz, with global benchmark Brent crude rising to $102.29 per barrel.
The U.S. Navy initiates a selective blockade on the Strait of Hormuz targeting Iranian oil exports, causing a spike in oil prices and a drop in stock futures.
China's AI sector surges ahead with a new token economy, booming IPOs, and global adoption of its AI models, despite rising costs and U.S. export controls.
Apr 12, 2026
