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South Korean shares opened sharply higher, with the KOSPI gaining 4.55%, following overnight advances on Wall Street. Hopes for diplomatic talks to end the U.S.-Iran war helped lower oil prices and ease inflation concerns, while U.S. technology shares also rallied.
Lower crude prices can reduce energy and transport cost pressure for feed supply chains, though the article reports no direct change in agricultural commodity supply or demand. The price signal for oil was bearish amid reduced perceived conflict risk.
en.yna.co.krKim BoramNov 10, 2026After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
