Asian stocks fell as optimism for a resolution to the Middle East conflict waned following U.S. President Donald Trump's recent remarks. The region's markets experienced a broad sell-off amid heightened geopolitical risks.
- Asian stocks fell as optimism for a resolution to the Middle East conflict waned following U.S. President Donald Trump's remarks.
- The Hang Seng Index dropped 0.70 percent to 25,116.53, and the Shanghai Composite fell 0.74 percent to 3,919.29.
- Japan's Nikkei 225 slumped 2.38 percent to 52,463.27, while South Korea's Kospi plunged 4.47 percent to 5,234.05.
- Crude oil prices surged over 6 percent, while gold prices fell nearly 3 percent toward $4,600 an ounce.
- New Zealand's S&P/NZX-50 index rose 0.59 percent to 12,902.15, recovering from the previous day's losses.
- Trump's comments raised fears of further damage to Gulf energy infrastructure, with Iran's Revolutionary Guard threatening U.S. tech firms.
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