BUSINESSJun 8 · 08:56 UTCWTOP DCWTOP Staff

Oil prices surge as Iran conflict flares, while global stocks skid on selling of tech shares

Global stocks declined as technology shares faced heavy selling, while oil prices surged over $4 due to escalating conflict between Israel and Iran. A tentative ceasefire deal remains unfinalized, and fighting has disrupted oil shipments through the Strait of Hormuz.

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IsraelplaceIranplaceS&P 500organizationDow Jones Industrial AverageorganizationBrent crudetopicStrait of HormuzplaceSamsung ElectronicsorganizationSK Hynixorganization

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