China has remained publicly silent after U.S. President Donald Trump on Monday urged Beijing to help reopen the Strait of Hormuz, the critical oil chokepoint that has been largely shut down during the escalating war with Iran. The standoff around the narrow waterway, through which roughly 20% of the world’s oil supply normally passes, has…
Multiple comments from President Trump and his aides in recent days have suggested that a closely watched trip to China to meet with Xi Jinping at the end of this month may be delayed. “Because of the war, I want to be here,” Trump told reporters on Monday afternoon at the White House saying he’d…
The war in Iran, culminating in the de facto closure of the Strait of Hormuz, has again exposed the world’s energy and maritime sector to acute vulnerabilities. The spike in oil prices and surging freight rates may grab headlines, but beneath these shocks lie fundamental questions about Asia’s – and Hong Kong’s – energy security,…
Amid escalating tensions with the US, Iran has issued fresh warnings, declaring that all logistical and service centers in the Red Sea that are assisting the USS Gerald R Ford carriers in the war are being considered “targets” for the Islamic Revolution Guards Corps (IRGC). G The Islamic Revolution Guards Corps (IRGC) has issued fresh…
Last Updated:March 16, 2026, 14:35 IST Trump has also called on nations, including China, to send warships to escort vessels in Strait of Hormuz. The Strait of Hormuz has been virtually shut due to the West Asia conflict. (Representational image: AFP) Hours after US President Donald Trump urged countries including China to help the United…
As the war between US-Israel and Iran continues to rage, several reports have now emerged that US President Donald Trump and Israeli PM Benjamin Netanyahu aren’t on the same page about the conflict. But Trump dismissed claims that he had a fight with ‘Bibi’, as Netanyahu is popularly known, and asserted that the relationship between…
From repeated threats, to calling countries for more participation —and sending warships — US President Donald Trump has increasingly focused his fury in the ongoing conflict in the Middle East, which is in its third week, on the crucial Strait of Hormuz, the narrow passageway through which nearly a fifth of the world’s oil flows…
Sometimes it takes a good friend to call you out when you’re wrong. For Donald Trump, that pal is the nation of France, which has said an emphatic non to the American president’s request for military support in his Middle Eastern campaign. President Donald Trump’s request for help in the Strait of Hormuz might not…
Oil prices could extend gains at Monday’s open as the U.S.-Israeli war against Iran entered a third week, putting oil infrastructure at risk and keeping the Strait of Hormuz shut in the world’s largest supply disruption. U.S. President Donald Trump threatened further strikes on Iran’s Kharg Island oil export hub, drawing a defiant response of…
The conflict in the Middle East could divert new capital to Hong Kong due to the city’s stability and regulatory certainty, the treasury minister has said, while pledging to keep markets operating smoothly amid energy price shocks caused by the war in Iran. Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said on…