Oil futures surge 20% past $110 as war fears hammer Asian stocks, bitcoin steady near $67K

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Oil futures have surged 20% past $110 due to war fears, causing Asian stocks to decline with the Nikkei dropping over 6% and Kospi sliding 8%. The market is pricing in a supply disruption risk. Bitcoin remains steady near $67K.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Nikkei drops more than 6%, and Kospi slides about 8% as traders price supply disruption risk, while prediction markets show strong odds of $120 crude.

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Original article published by CoinDesk on March 9, 2026.
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