Asian shares advance and oil slips back despite a barrage of attacks by Iran
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On March 17-18, 2026, Asian shares advanced despite a barrage of attacks by Iran. Simultaneously, oil prices slipped back. Currency traders in Seoul, South Korea and Tokyo, Japan were closely monitoring market activity, including the Korea Composite Stock Price Index (KOSPI), the New York Dow, the Nikkei indexes, the US dollar Japanese yen exchange rate, and international oil prices. The activity was observed at locations such as the Hana Bank headquarters in Seoul and security companies in Tokyo. The reason for the market movements was likely related to investor reaction to the Iranian attacks and their potential impact on the global economy.
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