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Japan's Nikkei set to plunge over 7% as oil breaches $100 mark
CNBC· 2026-03-08 23:55
Fire breaks out at the Shahran oil depot after U.S. and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran, on March 8, 2026.South Korea's Kospi triggered its second circuit breaker in four sessions on Monday, leading a broader regional sell-off as oil prices neared $120 per barrel for the first time since 2022. The index plunged over 8%, triggering a 20 minute suspension in trading from 10.31 a.m. local time. Heavyweight Samsung Electronics plunged more than 10 ...