Asian stocks plummeted on Monday after Washington and Tehran threatened to escalate hostilities. U.S. President Donald Trump threatened military action against Iran’s power plants unless the Strait of Hormuz reopens within 48 hours.
Iran warned it would strike energy and water infrastructure across the Gulf in retaliation if Trump follows through with his threat.
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Market Analysis
Asian Shares Plummet As U.S.-Iran Tensions Escalate
2026-03-23 08:40:58
