Global Market | Japan’s Nikkei 225 share index falls more than 6% as oil soars over $100 a barrel

Asian stock markets experienced a sharp decline early Monday. Japan’s Nikkei 225 index dropped over 6%. South Korea’s Kospi also sank significantly. Shares in Australia and New Zealand saw notable falls. This market reaction follows a surge in oil prices. Brent crude prices rose to over $100 a barrel.