TOKYO — Asian stocks dropped and oil prices jumped Friday morning after Israel’s attack on Iran escalated political tensions, affecting risk sentiment.
Most Asian currencies depreciated against the dollar, other than the safe-haven Japanese yen. The Korean won weakened by 0.9%, India and Malaysia’s currencies both lost 0.4%, and the Singapore dollar fell 0.2%. The yen rose 0.73% against the greenback to 142.81 at one point.
