


President Trump imposed a 20% reimbursement fee on all cargo transiting the Strait of Hormuz, escalating U.S. involvement and pressuring global oil prices. Separately, SK Hynix and Samsung Electronics plunged after SK Hynix’s U.S. debut, dragging the Kospi Index down 9% and hitting memory and AI-related stocks. Net effect is risk-off across energy and semiconductor/AI exposures.
President Trump imposed a 20% reimbursement fee on all cargo transiting the Strait of Hormuz, escalating U.S. involvement and pressuring global oil prices. Separately, SK Hynix and Samsung Electronics plunged after SK Hynix’s U.S. debut, dragging the Kospi Index down 9% and hitting memory and AI-related stocks. Net effect is risk-off across energy and semiconductor/AI exposures.
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moderately negative
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-0.45
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