The Straits Times Index slipped 0.3% to 4,975 on Monday, trimming gains from the previous week and tracking Asian peers lower amid renewed geopolitical concerns following the breakdown of US–Iran peace talks.
Over the weekend, the two sides failed to reach an agreement, while US President Donald Trump announced a full naval blockade of the strategically vital Strait of Hormuz, a move that heightens the risk of renewed global market volatility.




