Japan's Nikkei sinks as oil breaches $100 on Hormuz escalation
Japan's Nikkei share average slumped on Thursday as global markets felt pressure from oil breaching $100 per barrel amid widening Middle East conflict. Iran said it attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers.
Japan's Nikkei share average fell on Thursday as global markets came under pressure after oil moved above the $100-per-barrel level amid a widening Middle East conflict. S. sank five Iranian oil tankers.