After the announced US naval blockade Stock markets in East Asia fall
Stock markets in East Asia started the trading week with losses following US President Donald Trump's announcement of a naval blockade of the Strait of Hormuz. Japan's leading index, the Nikkei 225, fell by almost 0.9 percent by mid-morning (local time).
13.04.2026, 04:44
13.04.2026, 07:42
SDA
The South Korean Kospi was down around one percent at the same time. Hong Kong's Hang Seng also fell by one percent in morning trading. The CSI 300 traded in Shanghai, which tracks the most important shares on the Chinese mainland stock exchanges, remained virtually unchanged with a gain of 0.1 percent. The Australian S&P ASX 200 fell by 0.5 percent.
The markets are thus reacting to the blockade of the Strait of Hormuz announced by US President Donald Trump following the temporary failure of peace negotiations with Iran. The US Navy will block all ships calling at or departing from Iranian ports.
As a result, the price of a barrel (159 liters) of Brent crude for delivery in June rose slightly above the USD 100 mark. The East Asian economies are heavily dependent on oil supplies via the Strait of Hormuz off Iran.
