Oil prices jumped over 2% after U.S. strikes on Iran escalated Middle East tensions, threatening the Strait of Hormuz. Meanwhile, China's exports surged 27% in June, driven by global demand for AI har…
Oil prices jumped early Tuesday as fighting intensified in the Middle East, with Brent crude climbing to just over $84 a barrel, while Asian stocks fell, dragged lower by losses for artificial-intelli…
The International Monetary Fund cut its 2026 global growth forecast to 3%, citing the energy shock from the US-Israel war on Iran, though AI-driven demand partly offset the slowdown. The IMF warned of…
Spain reaffirmed its strong ties with the United States amid President Trump's preliminary Iran deal, which reopened the Strait of Hormuz and caused oil prices to drop. Brent crude fell to $83.17 and …
Wall Street suffered major losses on Tuesday as AI stocks tumbled and oil prices jumped, with the S&P 500 falling 0.6% and the Nasdaq dropping 1.2%. The downturn was sparked by a 6.9% plunge in Samsun…
Crude oil prices fell over 4% to three-month lows after the US-Iran ceasefire extension, with Brent crude at $84.21 and WTI at $81.38 per barrel. The drop boosted European equities, which gained 13% i…
Asian markets were mixed on Monday as AI-related selloffs in Japan and South Korea dragged down regional indices, with Tokyo's Nikkei 225 falling 1% and South Korea's Kospi losing 2%. Gains in Hong Ko…
Most U.S. benchmarks rose on Friday, but AI-related stocks dragged Wall Street toward a weekly loss. The S&P 500 recovered to a 0.5% gain, the Dow Jones Industrial Average rose 194 points, and the Nas…
Oil prices fell to pre-war levels on Thursday, with Brent crude dropping to $72.68 a barrel, as rising Middle East supply outweighed demand concerns. The decline followed a framework agreement to end …
Global stocks rallied Tuesday as AI optimism drove gains, with Anthropic filing for an IPO and Alphabet seeking $80 billion for AI infrastructure, while oil prices fell on renewed hopes for a U.S.-Ira…