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Major Asian stock markets suffered sharp declines on Monday as the ongoing conflict involving the United States, Israel, and Iran intensified. According to Al Jazeera, the sell-off deepened as threats between the warring sides raised fears that the war could drag on. Japan’s Nikkei 225 index fell 4.8 percent at the start of trading, while South Korea’s KOSPI index dropped more than 5.5 percent.
The report also noted volatility in global oil prices. Brent crude slipped about 0.8 percent to 111.25 dollars per barrel, while U.S.-traded crude remained nearly unchanged at 98.18 dollars. The market reaction reflected investor anxiety over the conflict’s potential impact on energy supply and regional stability.
The developments underscored how geopolitical tensions in the Middle East are reverberating through Asian financial markets, with investors closely watching for signs of further escalation or diplomatic intervention.
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