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BUSINESSJul 24 · 05:13 UTCWPLG LOCAL 10 MIAMIBy ELAINE KURTENBACH, Associated Press

Shares skid in Asia in sell-off of AI-related shares as Brent oil tops $100 per barrel

Asian shares declined as Brent crude oil prices reached a 5-month high amid Middle East conflicts threatening global oil flows. U.S. stock futures fell due to losses in Alphabet and Tesla, while Trump's new tariffs on 99% of U.S. imports added market uncertainty. The U.S. dollar hit a 40-year high against the yen, and AI-related stocks faced selling pressure.

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