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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

Stocks Sink as Atomic Plant Shelling Adds to Ukraine Fears

A currency trader walks near a screen showing the Korea Composite Stock Price Index (KOSPI) at a foreign exchange dealing room in Seoul, South Korea, Thursday, Oct. 21, 2021. (AP Photo/Lee Jin-man)

Asian markets tumbled Friday and crude bounced as news that Europe's biggest nuclear power plant was on fire after Russian shelling fueled a flight to safety and ramped up fears about the Ukraine war.

As Vladimir Putin's forces stepped up their invasion, Ukraine's foreign minister demanded an immediate ceasefire to avoid disaster at the Zaporizhzhia plant after its power unit was hit, AFP reported.

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