Asian Markets Tumble Amid Escalating Middle East Tensions and Oil Supply Fears

Tokyo. The impact of the expanding conflict in the Middle East is clearly visible in Asian stock markets. Most major markets in the region saw sharp declines during Wednesday morning trading. Analysts suggest that investors are panicked by the fear of disruption to energy supplies in the Middle East amidst the aftermath of the Israeli-American attack on Iran and subsequent developments.South Korea's Kospi index had fallen 12.3 percent by Wednesday morning. When the market closed on Tuesday, the index had dropped by 7.2 percent. Japan's Nikkei 225 index fell by 4.7 percent, while Hong Kong's Hang Seng weakened by 3.1...