A news report on the Iran conflict displayed inside a trading room at Hana Bank in Seoul, South Korea, on Wednesday. (Photo: Bloomberg)HONG KONG — The war in Iran is forcing investors to reevaluate one of their most profitable stock strategies, leading some to conclude that the “Sell America, Buy Asia” trade has reached an inflection point. The Iran war has impacted Asian stocks disproportionately, partly because of the region’s outsize reliance on fuel shipments through the Strait of Hormuz. (Photo: Bloomberg)Japan and South Korea are particularly exposed to disrupted shipping routes, in contrast to China, which has larger reserves and access to Russian crude. “Some Asian markets like South Korea are particularly vulnerable at the moment given the recent strong rally and resultant high multiples.”

Source: Bangkok Post March 05, 2026 14:35 UTC