TOKYO, March 10, 2026 (BSS/AFP) - Stock markets in South Korea and Japan rose sharply in early trade Tuesday after the US crude oil benchmark, WTI, fell more than six percent. South Korea's benchmark Kospi rebounded more than five percent, recovering after a sharp drop the previous day. Around 0030 GMT, the West Texas Intermediate (WTI) was down 6.54 percent at $88.57 a barrel. Prices had soared Monday, with WTI hitting as high as $119.48 and the Brent international benchmark reaching $119.50 before dropping. Developments were "enough to spark hopes of some normalisation in supply and logistical dynamic", said Chris Weston, an analyst with Pepperstone.

Source: Bangladesh Sangbad Sangstha March 10, 2026 03:35 UTC