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Oil prices jump and Asian shares slip as US and Iran carry out airstrikes

  • Posted on July 13, 2026
  • By The Toronto Star
  • 0 Views
  • 1 min read
In brief

Geopolitical tensions between the United States and Iran have triggered significant market volatility across global financial markets. Following reciprocal military operations, crude oil prices experienced a sharp surge, reflecting investor concerns about potential supply disruptions. Meanwhile, Asian equity markets declined as risk-averse investors reassessed their portfolios amid escalating Middle East uncertainties and potential economic ramifications.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
Oil prices jump and Asian shares slip as US and Iran carry out airstrikes

BANGKOK (AP) — Oil prices jumped and Asian shares were mostly lower Monday after the U.S. carried out airstrikes and Iran retaliated.
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Author
The Toronto Star

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