[Asia Economy Reporter Yoo Hyun-seok] Amid escalating tensions between the United States and Iran, Heunggu Oil's stock price is experiencing a rollercoaster ride. The stock, which had been showing weakness, surged sharply one hour before the market closed. The news that the U.S. military, which decided to deploy additional airborne and special forces troops to the Middle East, is also preparing to deploy strategic bombers appears to have influenced the stock price.
As of 3 PM on the 7th, Heunggu Oil was trading at 10,600 KRW, up 12.53% (1,180 KRW) compared to the previous trading day.
Major foreign media outlets reported, citing anonymous U.S. officials, that the U.S. Department of Defense plans to dispatch six B-52 bombers to the Diego Garcia Air Base in the Indian Ocean. The B-52 bombers are expected to be deployed in the Iran operation once orders are given.
Recently, the U.S. Department of Defense reportedly instructed the 4,500-strong "Bataan Amphibious Ready Group" to prepare to support U.S. military operations in the Middle East if necessary.
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