Seoul stocks rebound nearly 3% amid hopes for Hormuz Strait reopening
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Source: The Korea Herald
Published: 2026-04-03 18:09 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Middle East, South Korea, Iran, Energy, World News
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Snippet:
South Korean stocks soared by nearly 3 percent Friday, as Iran's discussions with Oman on a protocol to monitor traffic through the Strait of Hormuz boosted hopes of easing oil supply disruptions despite heightened tensions in the Middle East. The Korean won strengthened sharply against the US dollar.
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