Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower
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Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 14, 2026. (AP Photo/Ahn Young-joon)A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), SK Hynix and Samsung Electronics Co. stock price at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 14, 2026. (AP Photo/Ahn Young-joon)Two men wade in the waters of the Strait of Hormuz with vessels anchored in the background, off Bandar Abbas, Iran, Sunday, July 12, 2026. (Razieh Poudat/ISNA via AP)
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Currency traders work at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 14, 2026. (AP Photo/Ahn Young-joon)