Oil prices have risen above US$79 a barrel due to conflict fears disrupting shipping through the Strait of Hormuz. Read more at straitstimes.com. Read more at straitstimes.com.

Asian shares climbed on Thursday as semiconductors got a respite from heavy selling, though gains were capped by a surge in oil prices as a resumption of hostilities in the Gulf…

Shares are mixed in Asia and oil prices have stabilized as conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks.

Oil prices have risen above US$79 a barrel due to conflict fears disrupting shipping through the Strait of Hormuz. Read more at straitstimes.com. Read more at straitstimes.com.

Shares slipped in Asia and oil prices jumped Thursday as conflict escalated in the Middle East, with Iran and the US launching fresh attacks.

Bonds hammered, inflation fears rise