Gotrade News - U.S. President Donald Trump has issued a stern ultimatum to Iran over the Strait of Hormuz blockade. Trump has threatened to strike Iran's critical infrastructure if the strait is not opened within 10 days. This threat follows escalating tensions after Iran shot down a U.S. fighter jet.
This tension has influenced market movements in Asia on Monday (6/4/2026). Japan's Nikkei 225 and South Korea's Kospi indices rose by 0.62% and 1.8% respectively. These increases occurred despite most Asian markets being closed due to holidays.
Global oil prices also reacted to this uncertainty with an increase. U.S. WTI crude oil rose by 2.57% to USD114.11 per barrel, while Brent climbed by 2.62% to USD111.65 per barrel. This situation is fueled by concerns over potential supply disruptions from this strategic route.
Meanwhile, Wall Street Futures indicated a downturn. Dow Jones futures fell by 253 points, followed by the S&P 500 and Nasdaq-100, which dropped by 0.6% and 0.7% respectively. Investors are closely monitoring further developments in the U.S.-Iran situation.
Iran refuses to reopen the Strait of Hormuz promptly, demanding compensation for war damages. However, eight OPEC member countries and their allies are attempting to balance the market by raising production by 206,000 barrels per day for May. Nonetheless, this action is seen as symbolic given the war disruptions affecting the region.
The rise in oil prices is likely to impact various sectors, especially energy and transportation. Investors should closely watch updates on the Middle East situation as it could bring significant changes to the global market.
In the coming days, the pressure from the U.S. and Iran's reaction will be a primary focus. The reopening of the Strait of Hormuz could influence oil prices and the economic stability of the crucial Gulf region.
Reference:
- Bloomberg Technoz, Trump Murka Efek Iran Kuasai Hormuz: Buka Segera Selat Sialan Itu. Accessed on April 6, 2026
- Katadata, Wall Street Bangkit Kala Ketegangan AS-Iran Mulai Mereda. Accessed on April 6, 2026
- Kabar Bursa, Trump Ultimatum Iran, Nikkei-Kospi justru Menguat Terbatas. Accessed on April 6, 2026
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