Asian shares and U.S. futures fell Thursday after Iran's state television reported that seven oil tankers caught fire and were damaged in the Strait of Hormuz, pushing Brent crude up 2.1% to $111.11 a barrel. If confirmed, it would be the largest number of vessels damaged in the waterway in a single day since the Iran war began on Feb. 28. Tokyo's Nikkei 225 lost 2.7% on heavy selling of tech names such as SoftBank Group and Tokyo Electron, while South Korea's Kospi dropped 3.5%, led by Samsung Electronics and SK Hynix. AI stocks came under pressure over worries that data center construction may slow as borrowing becomes more expensive. On Wall Street Wednesday, the S&P 500 rose 0.6% after strong profit reports from SpaceX, whose shares climbed 7.8%.
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Related tickers and likely impact
VNINDEX
▼ Likely negativeRelevance: medium
| Market | Vietnam stocks |
|---|---|
| Close on 10/22/2026 | 1,760.63 |
| Change that session | +1.26% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/21/2026 | 773.13 |
| Change that session | +0.53% |
XAU/USD
▲ Likely positiveRelevance: low
| Market | Gold |
|---|---|
| Close on 10/21/2026 | 4,141.17 |
| Change that session | +0.39% |
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- World shares retreat as report of damage to oil tankers pushes oil prices higher
World shares and U.S. futures fell after Iran's state TV reported that seven oil tankers caught fire and were damaged in the Strait of Hormuz, pushing oil more than 2% higher; if confirmed, it would be the most vessels damaged in the waterway in a single day since the Iran war began on Feb. 28. Brent rose 3.2% to $112.27 a barrel and U.S. crude gained 2.8% to $99.80. In Asia, Japan's Nikkei 225 lost 2.7% on heavy selling of big tech names such as SoftBank, South Korea's Kospi fell 3.5% and Hong Kong's Hang Seng dropped 3%, as AI stocks came under pressure over worries that data center construction may slow as borrowing becomes more expensive. On Wall Street the previous day, SpaceX's stronger profit lifted stocks, while Netflix fell 5.3% despite beating profit expectations on concerns its momentum may be slowing.
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- World shares retreat as report of damage to oil tankers pushes oil prices higher
World shares and U.S. futures slipped on Thursday as oil rose more than 2% after Iran's state television reported that 7 oil tankers caught fire and were damaged in the Strait of Hormuz. Brent gained 3.2% to $112.27 a barrel and U.S. crude rose 2.8% to $99.80. Europe's main indexes fell, with Germany's DAX down 1.1% and France's CAC 40 down 1.3%, while Tokyo's Nikkei 225 lost 2.7% and South Korea's Kospi dropped 3.5% on heavy selling of big tech and chip stocks. Worries that rising borrowing costs could slow data center construction also weighed on AI stocks.
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- World shares retreat as report of damage to oil tankers pushes oil prices higher
World shares and U.S. futures fell Thursday as oil rose more than 2% after Iran's state TV reported that seven oil tankers caught fire and were damaged in the Strait of Hormuz. If confirmed, it would be the most vessels damaged in the waterway in a single day since the Iran war began on Feb. 28. Brent crude gained 3.2% to $112.27 a barrel and U.S. crude rose 2.8% to $99.80. In Asia, Japan's Nikkei 225 lost 2.7%, South Korea's Kospi dropped 3.5% and Hong Kong's Hang Seng shed 3%, as heavy selling hit big tech and chipmakers amid worries that rising borrowing costs could slow data center construction. The previous day, the S&P 500 rose 0.6% after strong profit reports from SpaceX, while Netflix fell 5.3% despite beating profit expectations.
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