INTRO: Oil prices spiked and stocks sank in Asia on Thursday after Donald Trump said that US forces would hit Iran hard over the next two to three weeks.
However, he did not offer a solution to the closure of the Strait of Hormuz that has crippled global markets, and affected daily life in many parts of Asia. Laura Westbrook reports from Hong Kong.
However, he did not offer a solution to the closure of the Strait of Hormuz that has crippled global markets, and affected daily life in many parts of Asia. Laura Westbrook reports from Hong Kong.