Asian markets tumble amid geopolitical tensions and stalled diplomacy. US-Iran peace negotiations concluded without progress on Sunday, triggering a sharp selloff across regional equity indices. The Trump administration's announcement of a naval blockade in the Strait of Hormuz has intensified global concerns about supply chain disruptions and energy security. Oil prices surged on the news, reflecting investor anxiety about potential disruptions to one of the world's most critical shipping routes. The combination of failed diplomatic efforts and military posturing has spooked markets, with traders reassessing growth outlooks for the coming quarters. Gold prices declined despite typical safe-haven demand, suggesting broader market uncertainty is dominating investment decisions across asset classes today.
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