China’s Defense Minister Dong reportedly sent a message to the Trump admin and US Navy emphasising Beijing’s intent to continue operating in the Strait of Hormuz and uphold its agreements with Iran, reports on X

China's Defense Minister emphasizing continued operations in the Strait of Hormuz signals a firm stance in the region, potentially escalating tensions with the U.S. This could have implications for energy markets, particularly with regard to oil prices, as any friction in this critical shipping lane may disrupt supply and influence risk sentiment across currencies and equities.