Asian stock markets fell and oil prices surged after fresh attacks between Iran and the US. This was reported by Qazaqyia.kz citing Associated Press.
Currency traders at the Hana Bank headquarters in Seoul watched monitors showing the Korea Composite Stock Price Index (KOSPI) and the exchange rate between the US dollar and the South Korean won, as seen in a photo taken on Thursday, July 9, 2026.
The decline in stock markets and the rise in oil prices are linked to the escalation of the conflict between Iran and the US. Experts express concern about the impact of this situation on the global economy.