In characteristically strong language, he added that failure to comply would lead to decisive military action “bigger, better, and stronger than anyone has ever seen.”This latest episode of market turbulence is not entirely new for the KSE-100. Just over a month ago, on March 2, the index had suffered an even steeper drop of more than 16,000 points following reports of a high-profile assassination connected to Iran’s Supreme Leader. The ongoing Middle East crisis, which intensified after joint US-Israel strikes on Iranian targets on February 28, has created persistent instability. Iran’s subsequent decision to restrict access through the Strait of Hormuz has already caused significant disruptions to global energy flows, contributing to higher oil prices and broader economic anxiety.
