Hormuz Crisis Shakes Global Markets | Adelaide News

Global markets brace for turbulence as missile exchanges between the US and Iran send shockwaves through finance—especially after a commercial ship was reportedly hit in the Strait of Hormuz, now closed by Iran, threatening vital oil flows. While the ASX had started the week on a positive note, the sudden escalation has injected fresh uncertainty, with oil prices poised to spike and investors on high alert as geopolitical tensions collide with fragile economic conditions. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3bf149a4111513b6