Oil prices rise after fresh US strikes on Iran and return of sanctions on Tehran – business live

Almost all major Asian stock markets fall, with Samsung Electronics shares sliding for a second day Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Oil prices have risen by more than 3% after fresh strikes from the US and Iran tested a fragile truce. Short-term profit taking on long-term winners, particularly the AI theme, appears to be a global dynamic… we sh ould expect elevvated volatility and continued foreign sellingin orea equities in the near term. 7pm BST: US Federal Reserve minutes Continue reading...

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