Middle East Tensions Send Asian Shares Reeling

Asian shares and U.S. futures declined on September 8, 2026, as rising tensions in the Middle East drove oil prices higher.

The conflict in the region pushed up oil prices, leading to a downturn in Asian stocks and futures. The Korea Composite Stock Price Index (KOSPI) and foreign exchange rates between the U.S. dollar and South Korean won were closely watched by traders.

Currency traders monitored screens showing stock prices of SK Hynix and Samsung Electronics Co. at the Hana Bank headquarters in Seoul, South Korea.