On March 6th, the Asian stock markets are set to open on a lower note this Friday, as the simmering tensions in the Middle East continue to escalate, further exacerbating the already volatile trading conditions witnessed this week. Overnight, the U.S. stock market witnessed a decline, with oil prices soaring to a notable $82 per barrel, while the U.S. dollar strengthened its position. Moreover, the U.S. government is contemplating the introduction of a licensing system for the export of AI chips, a move that is expected to place the chip sector squarely in the spotlight for Asian stock markets come Friday.
