Oil prices surged as the United States conducted airstrikes and revoked waivers for Iran. Asian stocks remained largely unchanged while investors assessed the geopolitical situation. S&P 500 and Nasdaq futures showed slight gains after earlier declines in US markets. Renewed tensions risk energy market disruptions and undermine the recent US-Iran peace deal. Investors are now shifting focus from AI sentiment to geopolitical concerns.

(Bloomberg) -- Oil prices rose and Asian stocks were little changed as investors assessed the implications of renewed geopolitical tensions for energy supplies and risk assets.

Oil prices surged as the United States conducted airstrikes and revoked waivers for Iran. Asian stocks remained largely unchanged while investors assessed the geopolitical…

Oil prices extended a surge on Wednesday as the Middle East crisis burst back into the spotlight with US forces launching fresh strikes on Iran after an attack on three vessels in…

Asian shares are mixed and oil prices have surged more than 3% after the U.S. launched strikes on Iran.

Renewed military action between the United States and Iran pushed oil prices sharply higher, weighed on global equities and placed investors back into risk off mode.