Oil prices jumped after fresh attacks in the Middle East shattered the relative calm of recent days in the US-Iran war as investors fret about the impact of depleting supplies on prices and global rates.

Asian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent slumping significantly on Monday.…

(Bloomberg) -- Asian stocks dropped as investors rotated out of chip shares amid growing skepticism over returns on massive artificial intelligence spending. Oil climbed and…