Oil prices rise as US-Iran hostilities threaten major shipping routes
GMT on 17 July, Brent crude futures had risen by $0.70 to $84.30/bbl, while WTI had increased by $0.16 to $79.11/bbl.
AI stocks keep falling, while oil prices keep climbing
Asian shares have skidded, with Tokyo’s Nikkei 225 down 5% as heavy selling of computer chipmakers and other AI-related shares drag markets lower.
Oil prices rise, stock futures dip after latest flare-up of strikes between U.S. and Iran
Oil prices rose and U.S. stock-index futures slipped on Sunday, after the U.S. and Iran continued their tit-for-tat attacks around the Strait of Hormuz over the weekend.
China’s Next Move May Decide Whether Oil Prices Soar
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
Oil prices rise following the latest fighting in the Middle East, as AI stocks sink
Oil prices are climbing Monday following a weekend of attacks in the Middle East, while more losses for computer chipmakers and
US stocks rise within 0.5% of their record, even as oil prices keep climbing
Technology stocks are leading markets worldwide on Wednesday as winners of the artificial-intelligence boom gather more strength following several shaky weeks. The gains came even though oil prices remain near their highest levels in a month because of the war with Iran.
Oil hits one-month high as US, Iran step up attacks in Strait of Hormuz
By Ishaan Arora and Emily Chow SINGAPORE, July 14 (Reuters) - Oil prices rose nearly 3% on Tuesday to their highest in four weeks, as the U.S. reimposed its naval blockade of Iran while the two countries stepped up attacks in the Strait of Hormuz,
Oil prices rise as Iran threat puts Red Sea route at risk
Oil prices eased as traders weighed escalating tensions between the United States and ​Iran and the risks to oil ​supplies moving through the ​Strait of Hormuz.