The Times of India

Asian stocks today: Kospi down 4%, Nikkei sheds 2,400 points; markets sink as Middle East crisis intensifies

Asian markets opened lower as surging oil prices and escalating US-Iran tensions impacted investor sentiment. Oil prices extended their rally amid Iran's retaliatory strikes and fears for the global economy. Diplomatic efforts are underway, with Pakistan preparing to host talks, while the US considers seizing Kharg Island.