Oil Extends Gains After Latest US Strikes, Tech Suffers More Losses

Oil prices jumped, and stocks fell again Tuesday after fresh US strikes against Iran that marked a new escalation in hostilities that have fuelled fears over their already fragile truce and the chances of another spike in inflation.

Tech firms were once again in the crosshairs, with South Korea’s Kospi extending a painful selloff as chip titan SK hynix continued to be routed amid growing fears…