Asian shares are mostly higher and Mideast tensions push Brent crude past $97

Summary by The San Antonio Editorial Desk · Based on reporting by Elaine Kurtenbach, Associated Press, KSAT 12 (ABC affiliate) · July 23, 2026 · 3 min read

Asian shares were mostly higher on Thursday, while the intensifying war with Iran pushed Brent crude past $97 a barrel. U.S. futures declined. South Korea’s Kospi rose 4.4% to 7,096.89 as investors’ appetite for stocks related to artificial intelligence revived despite a retreat on Wall Street. S...

Why this matters in The San Antonio

San Antonio's own thriving tech industry, with its growing number of startups and established companies, is closely tied to the fluctuations in the global market, particularly in the artificial intelligence sector. As investors watch the performance of AI-related stocks, local businesses and entrepreneurs are also feeling the effects. The recent gains in Asian shares, led by technology companies, may signal a boost to San Antonio's own tech scene, where companies are investing heavily in AI research and development. However, the decline in U.S. futures and the volatility of AI stocks on Wall Street may also indicate a cautious approach to investment in the local tech industry. As the city continues to position itself as a hub for innovation and technology, the performance of the global market will be closely watched by local business leaders and investors.

About this story

Original reporting by KSAT 12 (ABC affiliate). The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page.

For the complete original report, visit KSAT 12 (ABC affiliate). Have a tip or correction? Contact our newsroom.

Category: local · Published: July 23, 2026 · Source: KSAT 12 (ABC affiliate) · Reading time: 3 min

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Summary created by	The San Antonio Editorial Desk — automated, rule-governed
Original reporting	Elaine Kurtenbach, Associated Press, KSAT 12 (ABC affiliate)
Original story	Read at the source
Source published	Jul 23, 2026
Indexed here	Jul 23, 2026
AI assistance	Automated summary drawn from the source’s own published text
Prepublication human review	No — editorial rules, flagged-item review, and published samples

Asian shares are mostly higher and Mideast tensions push Brent crude past $97

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