Gate News Report, March 7 — Xinhua News Agency reports that the ongoing military conflicts between the United States, Israel, and Iran continue to impact the Asia-Pacific region, triggering economic uncertainty and energy security alerts. Multiple governments and regional organizations are calling for an immediate halt to military actions.
Julia Roknifard, senior lecturer at Taylor’s University in Malaysia, stated that Southeast Asia may face trade disruptions and rising energy costs. A survey by the Malaysian External Trade Development Corporation shows that nearly 64% of Malaysian companies expect to be affected by the conflict, mainly due to transportation delays, increased shipping and insurance costs, and rising raw material prices linked to crude oil. Retail fuel prices in Cambodia have increased over the past week, with key sectors such as apparel and agriculture facing higher production and logistics costs. Sri Lankan President Anura Kumara Dissanayake warned that the conflict could impact the country’s economy. South Korea’s KOSPI and KOSDAQ indices fell 12.06% and 14% respectively on Wednesday, then rebounded on Thursday.
Kristalina Georgieva, Managing Director of the International Monetary Fund, stated in Bangkok on Thursday that if the conflict persists, it could affect global energy prices, market sentiment, economic growth, and inflation.
Countries are actively responding to the shocks. Cambodian Prime Minister Hun Manet emphasized that ASEAN should strengthen regional resilience through energy diversification and deepening economic integration. Vietnam has established a dedicated task force to monitor energy markets. The Philippines announced it has 50 to 60 days of oil buffer reserves. South Korea issued a “watch” alert for crude oil and natural gas. Australia and New Zealand are assisting in evacuating their citizens from the Middle East.
Diplomatically, ASEAN foreign ministers issued a joint statement on March 4 calling for an immediate ceasefire. Chinese Foreign Minister Wang Yi held talks with foreign ministers from Russia, Iran, Israel, and Saudi Arabia, emphasizing adherence to the UN Charter and opposition to the arbitrary use of force. China will also send Special Envoy Zhai Jun to the Middle East to help de-escalate the situation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin rebounds to $76k, with Trump extending the Iran ceasefire to ease geopolitical pressure temporarily
U.S. President Trump announced on April 22 that the ceasefire deadline with Iran would be extended. At the request of Pakistan’s Army Chief of Staff and Prime Minister, the U.S. will wait for Iran to submit a unified proposal before moving forward, while continuing to maintain the naval blockade and keeping its forces on standby. Iran refused to attend the next round of negotiations originally scheduled to take place in Islamabad, and the Strait of Hormuz has closed again. Bitcoin rebounded to $76,000, and analyst DonAlt views this as a key early warning level that determines the direction of the market outlook going forward.
MarketWhisper3h ago
China's 30-Year Treasury Futures Hit Year-to-Date High at 113.79
Gate News message, April 21 — China's 30-year Treasury futures main contract hit a year-to-date high of 113.79 yuan intraday on April 21, extending gains seen throughout April. The rally in the long-end bond market has been driven by loose liquidity conditions and institutional allocation demand
GateNews5h ago
U.S. Stock Index Futures Open Higher, Nasdaq Futures Up 0.4%
Gate News message, April 21 — U.S. stock index futures opened higher on Wednesday, with Nasdaq futures (U.S. tech-heavy index futures) rising 0.4%, according to Gate's market data.
Spot precious metals also climbed, with gold
GateNews6h ago
Fed Chair Nominee Kevin Warsh Calls for Policy Overhaul, Denies Trump Pressure for Rate Cuts
Gate News message, April 22 — Kevin Warsh, the nominated chair of the Federal Reserve, called for significant policy reforms during his confirmation hearing on April 21, stating that the Fed needs to change its policy execution framework. The proposed reforms include a new inflation target framework
GateNews8h ago
TradFi Rise Alert: XTIUSD (WTI Crude USOIL) Rises Over 6%
Gate News: According to the latest Gate TradFi data, XTIUSD (WTI Crude USOIL) has surged by 6% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews8h ago
U.S. Dollar Index Surges Over 10 Points to 98.52
Abstract: The U.S. Dollar Index rose to 98.52 intraday, while non-dollar currencies weakened; EUR/USD and AUD/USD fell more than 0.5%, and USD/CHF and USD/JPY rose more than 0.5%.
Summary: DXY climbed to 98.52 intraday as most major pairs weakened; EUR/USD and AUD/USD fell over 0.5%, while USD/CHF and USD/JPY rose over 0.5%.
GateNews10h ago
