Seoul stocks jump nearly 7 pct as U.S., Iran agree on 2-week ceasefire
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Source: South Korea
Published: 2026-04-08 16:33 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, South Korea, Iran, World News, War & Conflict
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Snippet:
SEOUL, April 8 (Yonhap) -- South Korean stocks spiked nearly 7 percent after the United States and Iran agreed on a two-week ceasefire and the reopening of the Strait of Hormuz, leading to a steep decline in global crude prices. The Korean won also sharply rose against the U.S. dollar.
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