Asian Stocks Fall Amid Middle East Conflict
Asian stocks fell sharply on Tuesday as the Middle East conflict entered its fourth day, with Korea's Kospi plunging 7.24% to 5,791.91 and Japan's Nikkei slumping 3.06% to 56,279.05. Brent crude rose over 4% above $80 after Iran's Revolutionary Guard said it closed the Strait of Hormuz and attacks hit refineries including Ras Tanura, raising inflation and policy concerns for central banks and investors.
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Sources
- Read OriginalAsian Shares Extend Losses On Inflation Concernsrttnews.com
- Read OriginalAsian shares extend losses as the war with Iran widens and oil surges higherthehindubusinessline.com
- Read OriginalAsian shares tumble, as war with Iran widens and oil surges higherjapantoday.com
