(Bloomberg) -- Oil climbed to the highest level in more than a month while Asian equities fell after US and Iranian attacks escalated over the weekend, compounding a technology-led selloff that had already rattled markets.

Oil prices rallied, with international benchmark Brent North Sea crude powering above $85 a barrel, as the United States and Iran traded fresh attacks.

(Bloomberg) -- Oil gained in early trading after US and Iran attacks escalated over the weekend, adding further pressure on Asian markets already rattled by a slump in chip stocks.