Share markets slipped in Asia as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging.

Gulf, Strait of Hormuz

Who

Iran

What

When

Mon, 13 Jul 2026 00:25:17 GMT · 2h 0m ago

Where

Gulf, Strait of Hormuz ·

Why

Fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz.

The Frontline Impact

How this affects you

Oil prices surged, rekindling inflation risks globally. Asian share markets slipped.

Story chain

1 event in this thread

No related history yet - this is the origin event.

Verified Sources & Citations

Reuters
https://www.reuters.com/business/media-telecom/global-markets-global-markets-2026-07-13/
HIGH
The Star
https://www.thestar.com.my/business/business-news/2026/07/13/shares-slip-in-asia-as-oil-jumps-on-gulf-attacks
HIGH

Credibility ratings reflect the AI ingestion pipeline's assessment of source provenance.