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South Korean markets react to surging oil prices and Middle East tensions

South Korean stocks opened higher despite a jump in global crude prices following US air strikes on Iran, while the Korean won slipped past 1,500 per dollar as oil prices surged amid heightened Middle East tensions. Oil futures continue to climb as the US and Israel's war with Iran enters its third week, disrupting global supply chains and causing major oil price increases.

15 Mar, 20:29 — 16 Mar, 07:33
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The Story

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8 sources33/33
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Left4
Left (4)
inquirerYahooBusiness Insidercnbc
Center3
Center (3)
Korea Heraldmarketwatchbloomberg
Right1
Right (1)
channel-news-asia
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Geographic diversity4 regions17/34
US5Philippines1South Korea1Singapore1

Sources

Showing 8 of 8 sources
bloombergHigh4h ago

Oil Supplies in Focus Ahead of Stock, Bond Open - Bloomberg.com

Oil Supplies in Focus Ahead of Stock, Bond Open  Bloomberg.com

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cnbcMostly Factual2h ago

Stock futures are flat as U.S. oil hovers at $100 with S&P 500 on 3-week losing streak: Live updates

The moves come after the S&P 500 notched its third losing week in a row and closed at its lowest level of the year on Friday.

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marketwatchMostly Factual2h ago

U.S. stock futures dip, oil climbs again as investors brace for escalation of Iran conflict

U.S. stock-index futures declined on Sunday as the market braced for another surge in oil prices this week, with the conflict with Iran threatening to escalate further.

By Mike Murphy

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Business InsiderMostly Factual2h ago

Oil prices climb as the US and Israel's war on Iran enters its 3rd week

Oil futures climbed on Sunday as the Iran war showed no signs of slowing down. David McNew/Getty Images Oil climbed on Sunday as the US and Israel's war with Iran entered its third week. The near closure of the Strait of Hormuz continues to disrupt the global oil supply chain. Higher oil prices mean higher prices for Americans at the pump and in other goods. Oil futures climbed in early trading on Sunday as the US and Israel's war with Iran entered its third week, disrupting the global supp...

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YahooMostly Factual2h ago

Stock market today: Dow, S&P 500, Nasdaq futures decline as oil rises with US and Iran targeting energy infrastructure

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Korea HeraldMostly Factual26m ago

Kospi opens higher amid oil price hike

South Korean stocks started higher Monday on strong gains in tech shares despite a jump in global crude prices sparked by US air strikes on Iran's main export hub. The benchmark Korea Composite Stock Price Index rose 58.31 points, or 1.06 percent, to 5,545.55 in the first 15 minutes of trading. The Kospi's rise came despite a drop in major US stock indexes last week amid escalating turmoil in the Middle East. On Friday, the Dow Jones Industrial Average fell 0.26 percent, while tech-heavy Nasdaq

By The Korea Herald

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channel-news-asiaMostly Factual1h ago

Oil prices open higher as war in Middle East rages

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inquirerMostly Factualjust now

OIL PRICE WATCH as of March 16, 2026

Motorists are seen to experience a new round of major oil price increases this week because of the impact of the Middle East war. Industry estimates indicate that the adjustments can reach up to P22.30 per liter.  The Inquirer team gathered prevailing oil prices in Metro Manila and other parts of the country as of

By arlenelim

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