Oil Soars as Geopolitics Shake Markets | San Antonio News

San Antonio News Today | 2 Min News | The Daily News Now! · Jul 8, 2026 · 1m

Oil prices surged over 3% after U.S. strikes on Iran, fueled by recent attacks on ships in the Strait of Hormuz—Brent hit $76.54, U.S. crude at $72.72—revealing how fragile markets remain amid geopolitical chaos. Meanwhile, AI stocks defy gravity: Zhipu’s shares jumped 14% in Hong Kong, defying fears of a lock-up expiration, as global indices wobbled—Tokyo down 1.2%, Seoul fell 5.6%, but Hang Seng rose 2.9%. Investors brace for a volatile ride as war fears and AI hype collide. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…