Iran conflict rattles Asia markets as Strait of Hormuz tensions lift oil prices
TL;DR Summary
Asia-Pacific stocks slid as the Iran conflict persisted and oil prices rose on reports Iran closed the Strait of Hormuz; South Korea's Kospi fell about 5.4% on heavy losses in Samsung Electronics and SK Hynix, while defense stocks surged; Japan and Australia declined, Hong Kong and Mainland China edged lower, and U.S. indices finished mixed overnight.
- Asia-Pacific markets set to extend losses as Iran conflict rages on; oil prices rise CNBC
- Jim Cramer explains why the stock market shrugged off fears over the Iran war and bad headlines CNBC
- Conflict Weighs on Asian Stocks WSJ
- As global markets tanked over Iran, U.S. stocks were mostly unscathed. Here’s why. MarketWatch
- Asian shares are mostly lower as investors focus on the Iran war's impact on energy supplies KSAT
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