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Asian Markets Crash: Nikkei, KOSPI Drop 2.5% as Iran War Sends Oil Soaring

The Asian Market witnessed a sharp selloff as geopolitical tensions in the Middle East pushed oil prices higher and triggered a wave of risk aversion across global equities. Major indices, including Japan’s Nikkei and South Korea’s KOSPI, dropped nearly 2.5 percent, reflecting investor fears over rising energy costs and potential economic slowdown.

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