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Oil Prices Surge Amid Geopolitical Tensions | Tulsa News
Tensions in the Strait of Hormuz spiked after U.S. strikes on Iran, triggering a five percent surge in oil prices and rattling global markets already jittery from AI stock mania. Iran’s push to control shipping lanes—ignoring decades of precedent—adds fuel to the fire, especially as attacked vessels used routes near Oman. European and U.S. indices tumbled, while Asian markets mostly fell—except Hong Kong’s Hang Seng. Amid the chaos, China’s Zhipu AI soared as investors held firm, even as giants like AMD and Intel tumbled, highlighting the volatile ride AI stocks are on. Listen in comfort:Get…
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