Oil Rises as Asian Stocks Fall on Middle East Tensions
Renewed Middle East tensions raised concerns about energy supplies as oil prices rose and Asian stocks fell. Technology earnings also drew scrutiny over AI investment costs.
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Renewed Middle East tensions raised concerns about energy supplies as oil prices rose and Asian stocks fell. Technology earnings also drew scrutiny over AI investment costs.
Three-month LME copper was down 0.25% at $14,379 a tonne by 0300 GMT, pressured by a firmer US dollar and higher oil prices.