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PostedMar 3003/30/2026, 04:17 PM
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🇯🇵🇰🇷Japan, Korea Stocks Drop on Iran Ground War Reports Stocks in Japan and South Korea fell sharply Monday amid reports of possible US ground operations against Iran. Japan's Nikkei Stock Average dropped over 5%, entering correction territory, while South Korean equities declined approximately 3%. The conflict, now in its second month, has kept Persian Gulf oil supplies severely disrupted. Tokyo authorities issued warnings of potential yen intervention as the currency came under pressure. The market moves reflect continued uncertainty over energy supply from the Persian Gulf region. Both Japan and South Korea are heavily dependent on Middle East oil imports. #Japan#SouthKorea @asianomics