{"id":68005,"date":"2026-03-04T01:55:51","date_gmt":"2026-03-04T06:55:51","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2026\/03\/04\/global-stock-markets-tumble-as-trump-bid-to-avert-oil-crisis-in-strait-of-hormuz-fails-to-reassure\/"},"modified":"2026-03-04T01:55:51","modified_gmt":"2026-03-04T06:55:51","slug":"global-stock-markets-tumble-as-trump-bid-to-avert-oil-crisis-in-strait-of-hormuz-fails-to-reassure","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2026\/03\/04\/global-stock-markets-tumble-as-trump-bid-to-avert-oil-crisis-in-strait-of-hormuz-fails-to-reassure\/","title":{"rendered":"Global stock markets tumble as Trump bid to avert oil crisis in strait of Hormuz fails to reassure"},"content":{"rendered":"<p>South Korea\u2019s benchmark Kospi index leads Asian market sell-off, despite Donald Trump\u2019s suggestion that US Navy could protect vessels moving through vital waterway<\/p>\n<p>Global markets tumbled further on Wednesday despite Donald Trump\u2019s offer to have the US navy escort tankers through the strait of Hormuz and the US military\u2019s claim that there is \u201cnot a single Iranian ship underway\u201d in the crucial waterway.<\/p>\n<p>The Middle East conflict has crippled the strait which was in effect closed by Iran after strikes by the US and Israel this weekend, raising fears of a sustained energy supply crisis that reverberated around the world.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/business\/2026\/mar\/04\/stock-market-fall-trump-hormuz-oil-prices\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korea\u2019s benchmark Kospi index leads Asian market sell-off, despite Donald Trump\u2019s suggestion that US Navy could protect vessels moving through vital waterway Global markets tumbled further on Wednesday despite Donald Trump\u2019s offer to have the US navy escort tankers through the strait of Hormuz and the US military\u2019s claim that there is \u201cnot a &#8230; <a title=\"Global stock markets tumble as Trump bid to avert oil crisis in strait of Hormuz fails to reassure\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2026\/03\/04\/global-stock-markets-tumble-as-trump-bid-to-avert-oil-crisis-in-strait-of-hormuz-fails-to-reassure\/\" aria-label=\"Read more about Global stock markets tumble as Trump bid to avert oil crisis in strait of Hormuz fails to reassure\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-68005","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/68005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=68005"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/68005\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=68005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=68005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=68005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}