Oil prices leap and stocks fall amid US-Iran strikes over Hormuz

Brent crude jumps nearly 5% and Asian markets drop, with chip makers including SK Hynix among hardest hit

Jul 13, 2026 - 10:00
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Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Brent crude jumps nearly 5% and Asian markets drop, with chip makers including SK Hynix among hardest hit

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