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President Trump had previously said "numerous countries" would help reopen the Strait of Hormuz.
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Global oil prices were poised to end above $100 a barrel for a fourth session in a row, as U.S. calls for help to secure the crucial waterway fall on deaf ears and reports that Iran is allowing some crude tankers to pass through the Strait of Hormuz offer a "mixed signal" for the market on the situation in the Middle East.
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Beijing has driven big increase in reserves of strategic commodities but their scale remains secret
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Shipping routes crucial to global commerce remained disrupted as the conflict in the Middle East continued.
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Asian Stocks Rise Led by Technology, Oil Rebounds: Markets Wrap Bloomberg.comStock market today: Dow, S&P 500, Nasdaq jump to start week, oil slides amid Trump's warning to allies on Iran Yahoo FinanceFutures slip as oil prices fuel inflation worries ahead of Fed meeting USA TodayUS stocks climb to their best day since the Iran war began after oil prices ease AP News
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WBC final explainer: Determined Venezuela looks to play spoiler for Dream Team USA The New York TimesIt's USA vs. Venezuela in the World Baseball Classic final. The Maduro raid and decades of tension simmer under the surface CNNTeam USA takes on Venezuela in the World Baseball Classic final Fox NewsWBC championship: USA-Venezuela preview, live updates, analysis ESPN
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How the Iran war is an economic world war AxiosIt's not just oil. Here comes Hormuz inflation. PoliticoAn attack on the world economy The EconomistOpinion | How to Keep Up the Economic Pressure Against Iran WSJGoldman's top international execs say the Iran war has parallels to 2022, but there are differences Fortune
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Asia stocks advance tracking US tech gains; Iran conflict, RBA rate hike in focus Investing.comAsian tech and auto stocks rise as Nvidia announces tie-ups, doubles revenue forecast for key chips CNBCAsian Stocks Get AI Boost as Middle East Worries Keep Oil High WSJAsia stocks attempt a rebound with central banks in the spotlight Reuters
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The U.S. attacked Kharg Island while a UAE trading hub was hit by drones.
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U.S. stock-index futures reversed early losses on Sunday as the market braced for more volatility in oil prices this week, with the conflict with Iran threatening to escalate further.
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