Asian markets tumble amid rising oil supply fears

PSX Update • Oct 13, 2026

Asian markets traded lower on Tuesday, with South Korea’s Kospi suffering the steepest losses as renewed fears of oil supply disruptions pushed crude prices above $106 per barrel following a deadly attack on a Saudi airport.

October 13, 2026 (MLN): Asian markets traded lower on Tuesday, with South Korea’s Kospi suffering the steepest losses as renewed fears of oil supply disruptions pushed crude prices above $106 per barrel following a deadly attack on a Saudi airport. South Korea’s Kospi plunged 3.29% at the open, while the small-cap Kosdaq dropped 2.49%. Japan’s Nikkei 225 declined 1.20% after trading resumed following a holiday, whil...