Strait of Hormuz conflict causes fluctuations in South Korea's composite stock index and international oil prices
The US-Iran conflict in the Strait of Hormuz has caused chaos in the international markets, with the Korea KOSPI index plummeting and oil prices rising, intensifying inflation concerns. The Korean won against the US dollar broke through 1500, prompting investors to shift toward safe-haven assets. Although the US market's expectations of an end to the war narrowed the intraday decline, the future market trend remains uncertain.
TechubNews·03-04 00:13
