Korean stocks finished over 1 percent higher Monday on gains in chipmakers, snapping a two-day losing streak, despite heightened uncertainty over hostilities in the Middle East that continued to keep oil prices elevated. After choppy trading, the Korea Composite Stock Price Index (KOSPI) rose 62.61 points, or 1.14 percent, to close at 5,549.85. Global crude prices continued to fluctuate as U.S. President Donald Trump increased pressure on nations to help reopen the Strait of Hormuz. Brent crude traded around $105 per barrel, while West Texas Intermediate hovered near $99.