Oil Jumps on Iran Attack, Asian Stocks Set to Drop: Markets Wrap

🌐 Bloomberg (IR) —

AI Summary

Oil prices surged following U.S. military strikes against Iran, fueling concerns in Asian markets which are showing signs of dropping due to a selloff in semiconductor stocks.

Oil surged as the US military said it was carrying out new strikes against Iran. Stocks in Asia were poised to drop for a second day as a selloff in chipmakers rippled across markets.

Security Markets Commodities Energy oil prices Iran US military strikes Asian stocks chipmakers selloff market volatility

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