The Iran situation is getting worse, and Asia is paying the price.
Asian stocks (not including China) have lost more than $52 billion since the dispute started.
What stands out?
This time, the amount of money leaving the country is significantly more than it was during COVID and the Russia–Ukraine war.
That means a lot.
Tensions in the Middle East don't necessarily affect markets around the world.
But when the US gets really involved, it stops being a region.
It becomes a part of the system.
And Asia is generally the first place where that pressure comes up.
#IranIsraelConflict #US #ukraine
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