{"id":5889,"date":"2026-07-14T12:24:50","date_gmt":"2026-07-14T07:24:50","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=5889"},"modified":"2026-07-14T12:24:50","modified_gmt":"2026-07-14T07:24:50","slug":"asian-stocks-dip-as-oil-rises-after-trumps-hormuz-levy-threat","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=5889","title":{"rendered":"Asian stocks dip as oil rises after Trump&#8217;s Hormuz levy threat"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<\/p>\n<div>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->By Gregor Stuart Hunter<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->SINGAPORE, July 14 (Reuters) &#8211; Stocks yoyoed between gains and losses and oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the U.S. was reinstating its blockade of Iranian shipping and would collect a 20% fee \u200con cargo traversing the Strait of Hormuz.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Following a volatile session, MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan was up 0.2%, as a \u200crebound for South Korean shares offset declines in Taiwan. S&amp;P 500 e-mini futures nudged 0.1% higher.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Chinese stocks led the rally, with the CSI 300 up 2% after export and import data for \u200bJune released on Tuesday surpassed economists&#8217; expectations.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;China&#8217;s exports and imports surged to the highest levels since the pandemic-skewed 2021, as the tech boom supports growth on both fronts,&#8221; ING analysts wrote in a research note. &#8220;Exports have been one of China&#8217;s primary growth engines in recent years, and this year&#8217;s acceleration continues to beat expectations.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Brent crude futures climbed 2.6% to $85.49 a barrel, after earlier hitting their highest since mid-June at $85.64.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Markets were also rattled by hawkish comments on Monday from Federal Reserve Governor Christopher Waller, \u200cwho said the U.S. central bank may need to \u2060raise interest rates &#8220;in the near term&#8221; if data shows inflation continuing well above the 2% target.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->U.S. CPI data is due for release later on Tuesday, followed by comments from Fed Chair Kevin Warsh, who will deliver the central bank&#8217;s semi-annual monetary \u2060policy report to Congress.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;While the risk had been building in the system over the past week, markets reacted aggressively&#8221; to the latest headlines from the Iran conflict, said Chris Weston, head of research at Pepperstone in Melbourne.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;The prospect of tighter monetary policy into a potential energy shock is rarely supportive for risk assets.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Overnight, stocks on Wall Street sold \u200boff \u200band oil futures surged more than 9% as the conflict between the U.S. and Iran \u200bre-ignited, once again throttling the flow of goods through the \u200cStrait of Hormuz. The S&amp;P 500 closed 0.8% lower and the Nasdaq Composite fell 1.6%.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->Fed funds futures are pricing in an implied 43.3% probability of a 25-basis-point hike at the U.S. central bank&#8217;s next two-day meeting on July 28 to 29, compared to a 34.2% chance on Friday, according to the CME Group&#8217;s FedWatch tool.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The yield on the U.S. 10-year Treasury bond was up 0.8 basis point at 4.6156%.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->The U.S. dollar index, which measures the greenback&#8217;s strength against a basket of six currencies, nudged 0.1% lower to 101.18, trading around its highest levels of the month. Gold was up 0.8% at $4,031.60.<!-- HTML_TAG_END -->  <\/p>\n<\/p><\/div>\n<div style=\"display: none\" data-testid=\"read-more\">\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->&#8220;The risk to Asian markets from \u200cthe re-escalation in U.S.-Iran tensions runs mainly through the impact of higher energy prices on \u200bcurrencies and policy interest rates,&#8221; said Eastspring Investments&#8217; chief investment officer Vis Nayar in a \u200bnote. &#8220;Persistently higher oil prices would increase the risk that the U.S. Federal \u200bReserve would hike the Fed funds rate later this year.&#8221;<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->In Tokyo, the Nikkei 225 rose 0.8% after Finance Minister Satsuki \u200cKatayama said Japan may consider adjusting the strategy of the giant \u200bGovernment Pension Investment Fund if the investment \u200benvironment changed sharply. However, she gave few further details.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->In Taipei, the Taiwanese benchmark fell to a one-month low, leading regional declines even as other markets recovered. Market bellwether TSMC is scheduled to report earnings on Thursday, with a fifth consecutive quarter of record profits expected.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->In Seoul, stocks moved \u200bbetween negative and positive territory as shares in SK Hynix \u200cveered between gains and losses, rising as much as 4.9% after an earlier selloff. The volatility for the memory chipmaker comes after \u200ba dramatic plunge a day earlier following its Nasdaq debut last week.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->In cryptocurrencies, bitcoin was 0.8% higher at $62,633.95 while ether was up \u200b1.1% at $1,784.53.<!-- HTML_TAG_END -->  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\"><!-- HTML_TAG_START -->(Reporting by Gregor Stuart Hunter; Editing by Kevin Buckland and Stephen Coates)<!-- HTML_TAG_END -->  <\/p>\n<\/p><\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>By Gregor Stuart Hunter SINGAPORE, July 14 (Reuters) &#8211; Stocks yoyoed between gains and losses and oil hit a one-month high in Asian trading on Tuesday after President Donald Trump said the U.S. was reinstating its blockade of Iranian shipping and would collect a 20% fee \u200con cargo traversing the Strait of Hormuz. Following a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":5890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s.yimg.com\/lo\/mysterio\/api\/2F4D7C40D26F14444DC7BEA0DBAF546A5F07264347AADECFE1BC72D0FDBC5C94\/subgraphmysterio\/resizefill_w1200_h791;quality_80;format_webp\/https:%2F%2Fmedia.zenfs.com%2Fen%2Freuters.com%2F9f4dac717f722dff7ab27d000a46e68e","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-5889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-trending-viral-news"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/5889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5889"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/5889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/5890"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}