Asian markets experienced a broad decline on Friday as investors reacted to a sharp increase in oil prices and a sell-off in artificial intelligence-related stocks. Brent crude reached its highest price since May, trading near $100 per barrel amid concerns that ongoing conflict in the Middle East could disrupt the global supply of oil and gas.
The downturn in Asia followed recent volatility on Wall Street, where influential technology stocks faced significant losses. While Asian markets trended downward, U.S. futures remained relatively stable as investors assessed the potential economic impact of rising energy costs and the shifting performance of the tech sector.
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