The situation in Iran triggered a surge in oil prices, and Asian stock markets experienced a "Black Monday."
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According to ME News, on March 9th (UTC+8), escalating tensions in the Middle East triggered a plunge in international oil prices, causing a "Black Monday" for Asian stock markets, with many countries opening lower and continuing to decline. South Korea's KOSPI index once plummeted by over 8%, triggering a circuit breaker. Japan's Nikkei 225 index once plunged by over 7%, Vietnam's VN 30 index fell by over 6%, and Australia's S&P/ASX 200 index and Indonesia's KOSPI index both fell by over 4%. The MSCI Asia Pacific Index fell by over 3%. (Source: ME)
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