Global Stock Market Crash: Nikkei 225 Plunges 5%, Kospi Dives 6% Amid Iran-Israel War

• Global stock markets crashed on March 23, 2026, as the Iran-Israel-America war entered its fourth week.
• Asian markets saw sharp declines, with Japan's Nikkei 225 falling nearly 5% and South Korea's Kospi crashing over 6%.
• US equity index futures fluctuated, and the S&P 500 fell over 1.5% last week, closing below its 200-day moving average.
• US President Donald Trump warned Iran to open the Strait of Hormuz or face destruction of power plants; Iran threatened retaliation on energy infrastructure.
• Crude oil prices remained stable, with Brent Crude at $111.97 and WTI at $97.64 per barrel, but the Brent-WTI spread widened significantly.