Asia Markets Brace for Trump's Promised Assault on Iranian Infrastructure

GLOBAL MARKET - SINGAPORE. Oil prices rose, bonds fell and stocks were mixed at the start of trading in Asia on Monday as U.S. President Donald Trump vowed "hell" if Tehran does not meet his deadline to reopen the Strait of Hormuz.

Trump's repeated threats to destroy civilian infrastructure including power plants and bridges if the vital waterway is not open by Tuesday have put traders on edge for reciprocal attacks by Iran on targets in the Gulf states.