As the shock of the outbreak of war swept over the world financial markets following Russia's invasion of Ukraine, stocks and cryptocurrency prices plummeted, and international oil prices hit $100 a barrel.



On the 24th, Asian stock markets were immediately shaken by the announcement that Russia would begin military operations in Ukraine.



Stocks in Japan and South Korea fell more than 2%.



The Korean KOSPI started at 2,689.28, down 30.25 points (1.11%) from the battlefield, and then plunged midday amid heightened tensions in Ukraine.



As of 1:35 pm that day, it is trading at 2,644.95, down 74.58 points (2.74%) from the previous day.



Japan's Nikkei index also sank more than 2.3% in the afternoon.



For the first time since November 2020, the 26,000 line has broken.



China's Shanghai index fell nearly 0.9% on the afternoon, and Hong Kong's Hang Seng index plunged more than 3%.



Stock markets in Taiwan and Australia also fell at the same time.



The cryptocurrency market was also hit.



According to CoinDesk, the price of Bitcoin stands at $35,189.80 (about 42.3 million won) as of 1:40 PM Korean time, down 7.33% from 24 hours ago.



Brent futures prices surged 3% shortly after Russia announced the start of military operations in Ukraine, reaching $100 a barrel for the first time since 2014.



Brent crude has since declined slightly, trading around $99.5 a barrel.



In the market, there is great concern that the international oil price will exceed $100 in case of a Russian invasion of Ukraine, as oil and natural gas supply could be disrupted.



West Texas Intermediate (WTI) crude rose 3% to $94.88 a barrel on the same day.



The price of gold, considered a safe haven, also rose 1% to $1928.33 per ounce (about 2.32 million won).