Oil prices climbed and stocks tumbled in early trading on Wednesday after President Donald Trump said he thinks an agreement with Iran is "over" amid Middle East strikes.
Oil prices jumped following a weekend of attacks in the Middle East, while slumping AI stocks weighed on stock markets. Brent crude’s price climbed nearly 10% Monday after the United States and Iran each said the Strait of Hormuz is under its control.
NEW YORK — Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower.
BANGKOK (AP) — Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares declined, dragged lower by losses for artificial-intelligence stocks. The price of Brent crude climbed to just over $84 a barrel after soaring nearly 10% on Monday. U.S.