Asia shares cautious, oil gains on Hormuz doubts

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SYDNEY, March 16 : Asian markets were in a wary mood on Monday as hostilities in the Gulf kept oil prices elevated, clouding an inflation outlook that should keep most central banks on pause at policy meetings this week, and probably leading one to hike. In a possible hint of hope, the Wall Street Journal reported the Trump administration plans to announce as early as this week that multiple countries have agreed to form a coalition to escort ships through the Strait of Hormuz. U.S. President

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Asia shares cautious, oil gains on Hormuz doubts https://www.channelnewsasia.com/ - 16.03.2026 07:57
Asia shares wary, oil choppy on Hormuz doubts https://www.channelnewsasia.com/ - 16.03.2026 05:54

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Asia shares cautious, oil gains on Hormuz doubts https://www.channelnewsasia.com/ - 16.03.2026 07:57
Asia shares wary, oil choppy on Hormuz doubts https://www.channelnewsasia.com/ - 16.03.2026 05:54