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格隆汇 March 3｜The Korea Composite Index, which once fell by 2.6% at the opening, has significantly narrowed its decline and is currently down 1.2%, at 6163.52 points.

Fitch Ratings analysts stated that during the Iran conflict, the Strait of Hormuz could be effectively closed, but producers have ways to mitigate this risk. Saudi Arabia and the United Arab Emirates possess alternative pipelines that bypass the strait, and all major exporters store crude oil outside the region. Fitch expects oil and gas activities to experience some short-term shocks, especially for Bahrain, Kuwait, Qatar, and Iraq, which lack alternative routes and rely heavily on the strait. However, higher energy prices can offset temporary disruptions in export revenues, and most Gulf Cooperation Council sovereign states have substantial buffer assets. On the other hand, the suspension of air travel and a slowdown in consumption indicate that non-oil economic activities will also be affected, although possibly only temporarily; regions positioned as international hubs may face long-term damage.

Odaily reported that according to msx.com data, at the close of the US stock market, the Dow Jones fell by 0.15%, the S&P 500 index rose by 0.04%, and the Nasdaq rose by 0.36%. The crypto sector saw a general increase, with UPXI rising over 32.71%, CRCL up more than 15.22%, ALTS up more than 12.23%, and SBET up more than 8.36%. It is reported that msx.com is a decentralized RWA trading platform, which has launched hundreds of RWA tokens, covering US stock and ETF token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, NVDA, and others.