South Korean won slides as Trump threatens strikes on Iran’s energy infrastructure
The South Korean won dipped against the U.S. dollar Monday following President Donald Trump’s renewed threats to target Iranian energy facilities and critical infrastructure. Trump issued the warning while extending a deadline for Iran to reopen the Strait of Hormuz, a vital global oil chokepoint, to Tuesday evening. The won closed at 1,506.3 per dollar, reflecting the mounting pressures of Middle Eastern instability on global markets. Global oil prices spiked further, with Brent crude and WTI s