World shares tumble as Iran war pushes crude prices over $110 a barrel

World shares tumble as Iran war pushes crude prices over $110 a barrel

Asia One·2026-03-09 17:01

BANGKOK — Japan's benchmark Nikkei 225 index plunged more than five per cent and other Asian markets also tumbled Monday (March 9) after oil prices soared to nearly $120 (S$154) a barrel, casting a shadow over economies heavily dependent on imported crude and gas from the region.

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