Shares have skidded in Asia after Brent oil shot to its highest price since May as heavier fighting in the Middle East again threatened to slow the global flow of crude.

Asian shares are mostly higher, while the intensifying war with Iran pushed Brent crude past $96 a barrel.

(Bloomberg) -- Stocks fell as unease over ever-higher artificial intelligence spending outweighed an otherwise strong earnings report from Alphabet Inc., while Brent crude climbed…