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Markets in Asia are hit by a tech sell-off, and oil is volatile as Iran and Israel launch attacks on each other.
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The magnitude-7.8 quake triggered small tsunami waves in the Philippines, Indonesia and Japan.
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The power struggle between Iran and Israel to define the new rules of the Middle East plays out in Lebanon, which the other two countries have used to pursue their own ends.
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President Trump is grappling with his own version of the sort of Middle East crisis that beset his predecessors, and that he promised to avoid.
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The Yemeni militia group, which is backed by Iran, said it would impose a partial blockade in the waterway, a move that would further strangle supply routes and aggravate the conflict in the Mideast.
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Israel and Iran traded fire early Monday in retaliatory strikes that threatened to drag the wider Middle East back into a regional war.
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;Resize=(620)) A 7.8-magnitude earthquake centred at sea shook part of the southern Philippines early Monday, causing damage in a key coastal city, knocking down power and setting off one-metre-high tsunami waves along nearby coasts, officials said.
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The strikes come days after a ceasefire agreement in Washington. Iran had warned that an attack on Beirut would renew full-scale war across the Mideast. Iran's powerful parliament speaker hints at retaliation.
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