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Taiex Sees Second-Largest Intraday Drop As War Over Iran Drives Up Price of Oil

2026-03-11
TaiwanPlus
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Taiwan’s stock market fell as global oil prices surged past US$100 per barrel, along with LNG supply concerns, due to the war in the Middle East. The government is absorbing 70% of the fuel price hike and may activate its financial stabilization fund if market volatility worsens.

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