Brent jumped almost 4% on escalating U.S.-Iran strikes, while Asian chip stocks stayed under pressure from Friday's Chinese AI shock.

Markets await second-quarter earnings reports from key tech firms, which begin this week.

Bitcoin preserved a key long-term trend line as support for a third week as US-Iran war tensions delivered new five-week highs in oil prices.

The national average price for regular gasoline hit $4 per gallon again Monday as the renewed conflict with Iran and Ukraine-Russia attacks rattle energy market

Crude later falls back after Tehran says it has received proposals from mediators about the war

The global oil price went above $90 but pulled back on signs of hope for a reduction in tensions.

The Irish airline said oil prices had increased costs meanwhile Brent crude surpassed $90.

Oil prices reversed lower after a report of a 10-day ceasefire proposal came after Iran’s foreign ministry said negotiations with the U.S. could be pursued.

Russia and Ukraine traded their heaviest strikes in months, fueling fears of escalation and further strain on oil supplies.

American forces have started ninth consecutive night of strikes against Iranian targets.

Wall Street is in search of the next big catalyst for AI heading into a busy week of earnings.

Iran's signal that diplomacy remains possible pulled crude back from its highs, giving equity futures a lift Monday morning

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Escalating U.S.-Iran hostilities, attacks on critical infrastructure, and near-halted Hormuz tanker traffic are fueling expectations of higher oil prices. Frida