Asia Markets Rattled as Trump Floats Hormuz Levy on Iranian Oil

📉 MARKETS — A toll threat is doing what missiles couldn't: spook Asian buyers. 📌 LOOK CLOSER: Iran demanded Hormuz toll rights; now Trump is floating his own levy — inverting the original dispute. Asian buyers, already rerouting, face a potential cost layer on any Iranian-origin crude clearing the strait. With CENTCOM running transit coordination, a US-imposed levy would formalize that gatekeeping economically. Beijing's "free passage" call suddenly has a new target.