Asian Stocks Slide as Oil Surges Above $100 Amid Iran Conflict
Asian Stocks declined sharply as global markets reacted to oil prices surging above $100 per barrel following escalating tensions linked to the Iran conflict. Investors across the region moved into defensive positions as energy costs spiked and inflation fears intensified. The sudden jump in crude prices triggered widespread selling pressure across major Asian indices, highlighting how sensitive regional economies are to energy disruptions.
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