Won Slides, KOSPI Drops 2.3% as Iran Sanctions Hit Oil

Won Slides, KOSPI Drops 2.3% as Iran Sanctions Hit Oil

The Setup Korean equities took the biggest hit among major Asian markets on August 25, 2026, with the KOSPI falling 2.27% to 6,696.96. The move stands out against a relatively calm session in US futures and a broadly stable Nasdaq, down just 0.2%, suggesting the sell-off was concentrated in export-sensitive, risk-heavy names rather than reflecting … Read more