Major Asian stock markets fell sharply on Monday as tensions between the United States and Iran intensified, with the conflict entering its fourth week.
Japan’s Nikkei 225 dropped by 4.8% in early trading, while South Korea’s Kospi declined by more than 5.5%.
Meanwhile, oil prices showed mixed movement, with Brent crude slipping about 0.8% to $111.25 per barrel, while U.S. crude remained largely unchanged at $98.18.
The market downturn reflects growing investor concerns over the potential economic impact of escalating hostilities in the Middle East.
Source: BBC.
