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'No Clear Off-Ramp': Asia Hit Hard by Hormuz Blockade

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'No Clear Off-Ramp': Asia Hit Hard by Hormuz Blockade

Asian markets are under increasing strain as the closure of the Strait of Hormuz disrupts vital oil shipments, with no immediate resolution in sight. President Trump’s consideration of negotiations adds uncertainty to global energy supply chains. Bloomberg’s Weilun Soon analyzes the economic fallout, highlighting how key Asian economies reliant on Middle Eastern crude face rising costs and logistical challenges.

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