Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel Carde | Getty Images Asia-Pacific markets were set to open lower Friday, tracking Wall Street losses overnight, as the Iran conflict sends energy prices higher. Overnight, oil prices broke through the $80 per barrel mark, with Brent…
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images South Korea’s Kospi jumped as much as 12% on Thursday, staging a sharp rebound from its worst session, and on course to clock its best day, data from LSEG…
This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch It was no surprise, when equity markets first reacted to news of the strikes on Iran, that the U.K.’s FTSE 100 fell by less than all of its major continental European peers. What is often seen as the Footsie’s weakness…
A currency trader monitors exchange rates in a dealing room at the Korea Exchange Bank in Seoul Jung Yeon-je | Afp | Getty Images South Korea’s Kospi plunged over 11% Wednesday, putting it on track for its worst day in more than two decades, and extending a steep sell-off from the previous session amid an…
India’s Prime Minister Narendra Modi (R) walks with Canada’s Prime Minister Mark Carney before their meeting at the Hyderabad House in New Delhi on March 2, 2026. Sajjad Hussain | Afp | Getty Images India and Canada need new friends — and customers. So this week, they put past, painful differences aside to pledge closer…
A prolonged surge in natural gas prices triggered by the ongoing war in the Middle East risks denting European growth and hitting some Asian economies hard, analysts have warned. Global gas prices have soared this week amid fears of a lengthy disruption to energy flows through the Strait of Hormuz — a key shipping route…
Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Stringer | Anadolu | Getty Images Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping through…
Interception attempts are made by Israel as missiles are launched from Iran, following Israeli and U.S. strikes on Iran, in Jerusalem March 1, 2026. Ammar Awad | Reuters Asia-Pacific markets tumbled Monday as the conflict between Iran and U.S.-Israel escalates, following the death of Iranian Supreme Leader Ayatollah Ali Khamenei, raising concerns over energy supplies….