[Asian Stock Markets Summary]Asian Markets Plunge in Unison Amid Escalating War Tensions

Asian stock markets plunged on March 23rd as U.S.-Iran tensions escalated following Trump's ultimatum on the Strait of Hormuz, with Japan's Nikkei falling 3.48%, China's Shanghai Composite down 3.63%, and oil prices surging above $100 per barrel amid growing stagflation concerns and energy security fears across the region.