Finance

Asia-Pacific Markets Tumble as Investors Brace for Prolonged War in Middle East

MD
Morgan Davis
Sports Reporter
US allows countries to buy Russian oil stranded at sea for 30 days
Image source: Investing.com

Asia-Pacific Markets React to Ongoing Conflict

Asia-Pacific markets experienced a significant downturn on Friday, March 13, 2026, as investors grew increasingly concerned about the prolonged conflict in the Middle East. The Strait of Hormuz, a vital artery for global oil trade, remains shut, according to Iran's new Supreme Leader Mojtaba Khamenei.

Market Performance

  • The Nikkei 225 fell 2.5% to 27,422.50
  • The Kospi dropped 2.2% to 2,343.50
  • The Hang Seng Index declined 2.1% to 21,511.50
  • The CSI 300 Index slid 2.5% to 4,532.50

Investor Sentiment

Investors are bracing for a prolonged war in the Middle East, which could have far-reaching consequences for global markets. The ongoing conflict has already led to a significant increase in oil prices, and investors are worried about the potential impact on the global economy.

Source

[1] CNBC: Asia-Pacific markets tumble as investors brace for a prolonged war in Middle East (https://www.cnbc.com/2026/03/13/asia-pacific-markets-today-nikkei-225-kospi-hang-seng-csi300.html)

Sources

[1] Asia-Pacific markets tumble as investors brace for a prolonged war in Middle East