Japan's Nikkei share average tanked more than 5% in early trade on Monday after oil prices surged and stoked fears of inflation.
The Nikkei fell 5.6% to 52,478.53 as of 0013 GMT. The broader Topix fell 4.7% at 3,533.43.
Oil prices surged about 20% in early trade on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran fuelled fears of tighter supply and prolonged disruptions to shipments through the Strait of Hormuz.
Sumber : Reuters
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