Seoul shares open lower on Iran deal uncertainty

South Korean stocks opened lower Monday as investor sentiment remained cautious amid renewed uncertainty over the fragile US-Iran ceasefire and rising oil prices. After opening 0.91 percent lower, the benchmark Korea Composite Stock Price Index further lost 177.54 points, or 2.11 percent, to 8,244.67 as of 9:15 a.m. Oil prices climbed after the US and Iran exchanged fresh strikes over the weekend, raising renewed concerns over energy supplies and shipping traffic through the Strait of Hormuz. Th

By The Korea Herald