Oil prices climbed as traders worried that fresh clashes between the US and Iran could lead to further restrictions on global crude flows through the Strait of Hormuz. Brent, the

Oil prices surged more than 3.5% after the U.S. and Iran exchanged fresh strikes, intensifying their standoff over control of the Strait of Hormuz.

Oil rose and Treasuries fell after the US launched another round of strikes against Iran, reviving concern that higher energy prices will keep inflation elevated and interest rates higher for longer.

CENTCOM said Sunday night that the U.S. is carrying out yet another round of attacks against Iran. Olivia Rinaldi reports.

The South Korean chip maker is set to list on Nasdaq, after raising $26.51 billion from a sale of American depositary receipts.

Investing in SK Hynix is now easier for U.S. investors, but that doesn't automatically mean it's worth owning a piece of the company.

Shares of South Korean memory chipmaker SK Hynix rose 12.8% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to the frenzy around artificial intelligence.

Shares of South Korean memory chipmaker SK Hynix rose nearly 13% as they made their debut on Wall Street, at a time when demand for chips is surging thanks to