Oil prices continue to rise as the Mideast war intensifies.
Tokyo and Taipei stock markets led a fresh selloff for technology shares on Friday, as concerns that the sector had been overbought in recent months intensified.
Oil prices rallied, with international benchmark Brent North Sea crude powering above $85 a barrel, as the United States and Iran traded fresh attacks.
"The technology selloff is not the only reason markets are in a sour mood," noted Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
"Developments in the Middle East are getting worse by the hour."
