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China Stocks Steady as Surges in Energy, Defense Shares Offset Airline Losses; HK Drops
China's equity benchmarks were little changed on Monday in the wake of the Iran conflict as surges in energy, defense and gold stocks offset plunges in airline and tourism shares. Mainland sentiment was supported by expectations that Beijing may step in ...
A pedestrian reads a sign at a petrol station in Tacloban City, Leyte province, central Philippines on March 30, 2026. Photo by MARLON TANO / AFP
In response to Iran’s partial closure of the Strait of Hormuz, the United States has begun implementing a counter-blockade—leveraging naval patrols, sanctions enforcement, and selective interdictions to constrain Iranian oil exports and raise the costs of Tehran’s strategy. Rather than restoring stability, however, this tit-for-tat dynamic is accelerating fragmentation in global ...
China Stocks Steady as Surges in Energy, Defense Shares Offset Airline Losses; HK Drops
China's equity benchmarks were little changed on Monday in the wake of the Iran conflict as surges in energy, defense and gold stocks offset plunges in airline and tourism shares. Mainland sentiment was supported by expectations that Beijing may step in ...