Hang Seng Index Experiences Decline Amid Geopolitical Tensions
On March 12, 2026, the Hang Seng Index fell 0.7%, closing at 25,717, amid rising oil prices and an insider trading crackdown.
On March 12, 2026, the Hang Seng Index fell 0.7%, closing at 25,717, amid rising oil prices and an insider trading crackdown.
The International Energy Agency (IEA) has announced a historic release of 400 million barrels of oil from its strategic reserves to mitigate severe supply disruptions.
Oil prices have dropped to around $88 per barrel following a report about a potential record release of emergency oil reserves by the IEA.