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Oil prices rise and chip stocks lead market gains

Brent crude futures reached 107.97 dollars a barrel on Monday as stalled peace talks prolonged supply disruptions. Tech shares rose on renewed AI optimism.

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Global markets are navigating a complex landscape as the trading week begins, characterized by a surge in energy prices and a continued rally in technology shares. In Singapore, oil prices climbed on Monday following the suspension of peace talks between the United States and Iran, a development that continues to hinder energy exports from the Middle East.

3D printed oil barrels and a rising stock market graph are depicted in this March 23, 2026 illustration. REUTERS/Dado Ruvic/Illustration
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