1. Geopolitical tensions significantly escalated after Iran claimed to target a US air base in Jordan, coinciding with missile attacks on oil tankers in the Strait of Hormuz.
2. Brent and WTI crude oil prices surged 3% following Trump's threat to reinstate Iran blockades and shipping fees.
3. The South Korean market experienced forced liquidations of hundreds of thousands of retail leveraged accounts, yet the KOSPI index, Samsung, and SK Hynix quickly rebounded.
Middle East Tensions Escalate, Oil Prices Surge, Korean Market Rebounds