Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May amid the Iran war.

Drops for stocks in the artificial-intelligence industry are dragging markets down worldwide on Thursday, while oil prices hit their highest levels since May amid the Iran war.

Iran’s IRGC says it hit four vessels in the northern Gulf and three more struck mines near the strait of Hormuz

• Shipping workers: how is the Middle East conflict affecting you?

Oil prices jumped to a five-month high on Thursday after ​attacks in Saudi Arabia and hits to tankers in the strait of Hormuz threatened further disruptions to the world’s crude supply.

Brent crude, the international benchmark for oil prices, rose by 3% to hit $112 a barrel for first time since 18 May.

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© Photograph: Reuters

© Photograph: Reuters

© Photograph: Reuters