Asian stocks today: Nikkei falls over 1,400 points, Kospi plunges 4%; markets continue to fall amid Middle East tensions

Shanghai and Shenzhen also fell 0.07% and 1.05% respectively. Japan’s Nikkei 225 declined 2.4% or 1,427 points, landing at 56,629 by 10:10 am. Analysts noted that Japan, which relies heavily on oil and natural gas shipments through the Strait of Hormuz, could face supply challenges. However, the country’s stockpile of over 200 days of energy means the immediate threat remains limited. Japanese energy shares were hit particularly hard, with Eneos Corp. falling nearly 6% and Idemitsu Kosan down almost 4%. Def ...