AI Surge Powers Asian Stocks To Records Despite Ongoing Iran War And Oil Shock

Stock markets across Asia have surged to record levels, extending a global equity rally that has persisted despite continued economic disruption linked to the war involving Iran and instability in Middle Eastern energy supplies. (Credit: AFP)

Stock markets across Asia have surged to record levels, extending a global equity rally that has persisted despite continued economic disruption linked to the war in Iran.

Benchmarks in South Korea, Taiwan and Japan have all posted strong gains in the latest trading sessions, with technology and semiconductor companies leading the advance. The momentum has come even as Asian economies remain exposed to higher oil prices and disruption to shipping routes in the Strait of Hormuz, a key passage for global crude exports.