Asia-Pacific markets fall as Iran war keeps investors jittery, oil extends gains

Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Key Points President Donald Trump escalated his threat on Monday, saying that the U.S. would destroy Iran's electricity-generating plants, oil wells and Kharg Island if the strategically vital Strait of Hormuz remains closed. Iran war entered its fifth week and as the Trump administration weighs sending in ground forces to seize Kharg Island. In this article .HSI .N225 .AXJO Follow your favorite stocks CREATE FREE ACCOUNT A view of missile traces launched from Yemen at Israel sighted in the sky over Hebron, West Bank, on March 28, 2026. Wisam Hashlamoun | Anadolu | Asia-Pacific markets opened lower Tuesday as the conflict in the Middle East keeps investors jittery, with crude oil prices continuing to rise. U.S. President  Donald Trump  escalated his threat on Monday, saying that the U.S. would destroy Iran's electricity-generating plants, oil wells and Kharg Island, if the strategically vital Strait of Hormuz remains closed and no peace deal is reached to end the war. His remarks came as the Iran war entered its fifth week and as the Trump administration weighs sending in ground forces to seize Kharg Island, a major fuel hub which facilitates 90% of Iran's crude exports. Shipping traffic through the Hormuz waterway, through which a fifth of the global seaborne oil used to transit before the conflict, has virtually ground to a halt since U.S. …