Crude oil prices jump and stocks sink
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Stocks declined as oil prices skyrocketed on Friday, June 13, after Israel attacked Iran, one of the largest oil producers in the world. That means its data centers are purpose-built to support artificial intelligence (AI) training and inference,
The Middle East conflict is impacting a wide range of sectors besides the obvious oil and defense names, as a surge in oil prices can affect consumer behavior in many ways.
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News Nation on MSNHere’s what the Israel-Iran conflict could mean for the economyBack in December, EY-Parthenon chief economist Gregory Daco outlined the potential economic impacts of three different Middle East scenarios. A direct engagement between Israel and Iran was considered one of the most severe, classified as a “significant escalation scenario.”
Repsol's natural gas production and the bullish outlook for gas prices support continued resilience and earnings strength. See why REPYF stock is a Hold.
What is the biggest US crypto news today? JPMorgan says an attack on Iran could spike oil prices to $120, driving US CPI inflation to 5%.
Mine is crude oil. When I left the interbank forex market ... Stocks seemed the obvious choice, but the more I looked at the stock market, the less inclined I became to get involved.