Brent crude oil futures closing price is nearing a new high, up 59% since the outbreak of the US-Iran war! Meanwhile, overseas investors are selling Asian stocks at an unprecedented pace. The regions hit hardest are Taiwan, South Korea, Japan, and India—countries heavily reliant on oil imports and the Strait of Hormuz! Since March, overseas investors have sold $52 billion worth of stocks in Asian emerging markets, setting a historic record! (Pic 2)