Asian stocks rack up steep losses after Wall Street shrugs off risks of widening conflict in the Middle East.

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Stock markets in the Asia Pacific have racked up steep losses after Wall Street earlier shrugged off the widening fallout of the US-Israeli war on Iran.

Key indexes in Japan, South Korea, Australia and mainland China fell sharply on Tuesday as US-Israeli attacks on Iran and Iranian strikes on US allies in the region stretched into a fourth day.