Stocks stumble, oil set for weekly gain on renewed Gulf hostilities

Asian stocks got off to a rocky start on ​Friday as the drag from chipmakers weighed on global equity indexes, while oil prices were set for their sharpest weekly rise ‌in three months as tensions in the Middle East erupted anew.

Jul 17, 2026 - 04:00
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Stocks stumble, oil set for weekly gain on renewed Gulf hostilities
Asian stocks got off to a rocky start on ​Friday as the drag from chipmakers weighed on global equity indexes, while oil prices were set for their sharpest weekly rise ‌in three months as tensions in the Middle East erupted anew.

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