Any disruption to tanker traffic in the Strait of Hormuz would have significant economic effects, especially for Asian nations dependent on oil from the Middle East.
US Stock Futures Rise as Fears of Oil Shock Recede: Markets Wrap BloombergOil Prices Climb as Traders Gauge Fallout From U.S. Strikes on Iran The New York TimesOil Price Shock From U.S. Strikes on Iran Could Stoke Stagflation Risks Barron'sStock Market Today: Dow, Nasdaq Slip and Dollar Gains After U.S. Strikes Iran; Oil Futures Edge Up — Live Updates WSJ
US asks China to stop Iran from closing Strait of Hormuz BBCIran Has an Oil Card to Play. So Does the U.S. WSJThe Strait of Hormuz is a vital route for oil. Closing it could backfire on Iran AP NewsSupertankers Do U-Turns Around Hormuz After US Airstrikes BloombergOil market awaits Iran response to U