Global markets saw notable declines amid the Strait of Hormuz crisis.
The United States is moving to impose a blockade.
After failed talks with Iran in Islamabad.
Donald Trump confirmed the move.
This raised investor concerns globally.
Wall Street indices declined overall.
Dow Jones and S&P 500 fell.
Nasdaq posted slight gains.
Asian markets recorded clear losses.
Nikkei, Kospi and Hang Seng dropped.
Shanghai index rose slightly.
Markets reacted to energy supply concerns.