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Asia-Pacific markets set to fall as investors brace for escalating tensions in Mideast
CNBC· 2026-03-23 00:05
Iranian Shia women shout slogans during Eid al-Fitr prayers, marking the end of the Muslim holy month of Ramadan, at the Grand Mosalla mosque in Tehran on March 21, 2026.Asia-Pacific markets sold off sharply on Monday, with major indexes in Japan and South Korea falling more than 5%, as investors fled risk assets amid escalating conflict in the Middle East that has entered its fourth week. President Donald Trump said on Saturday that he would "obliterate" Iran's power plants if Tehran failed to fully reopen ...