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  • 6/23/2025
Taiwan stocks fell and oil prices spiked on Monday in response to rising tensions in the Middle East, following U.S. strikes on Iranian nuclear sites over the weekend. The government says it's closely monitoring the situation and will work to keep prices stable amid volatility in global energy markets.

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00:00Taiwan's stocks dropped sharply on Monday following the U.S. strikes on Iran.
00:04Taiwan's benchmark index, the Tayex, opened down 2%, plunging over 400 points before recovering somewhat.
00:11Meanwhile, oil prices across Asia surged, hitting five-month highs.
00:15The new Taiwan dollar also dropped in value on Monday.
00:18The government says it is closely monitoring the situation and will work to keep prices stable.

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