Middle East Conflict Escalation! Korea's KOSPI Plunges Over 7%, Triggering Circuit Breaker, Nikkei 225 Drops 2.49% 🇰🇷 ME News: Korea's KOSPI index drops over 7%, Nikkei 225 falls 2.49%, mainly due to the escalation of Middle East conflict triggered by the US and Israel airstrikes on Iran, leading to soaring oil prices and increased global risk aversion. The Korean stock market previously surged above 6000 points due to the AI boom, and this sharp decline triggered the circuit breaker mechanism for the first time this year.

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