Oil surged as the US military said it was carrying out new strikes against Iran. Stocks in Asia were poised to drop for a second day as a selloff in chipmakers rippled across markets.
Geopolitics Bloomberg Jul 7, 2026
Oil Jumps on Iran Attack, Asian Stocks Set to Drop: Markets Wrap
Oil surged as the US military said it was carrying out new strikes against Iran. Stocks in Asia were poised to drop for a second day as a selloff in chipmakers rippled across markets.
