Oil prices experienced a roughly 1% decrease on Monday as the United States and Iran initiated discussions to establish a framework for a potential nuclear agreement, easing concerns about supply disruptions from the Middle Eastern producer. Simultaneously, tensions remain high as Russia and Ukraine exchanged accusations of violating the Easter ceasefire, further complicating the geopolitical landscape.
South Korea’s KOSPI drops 7% as global chipmaker selloff deepens
South Korean stocks experienced a significant decline on Tuesday. This downturn was driven by a global selloff in chipmakers and rising competition from China. SK