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Oil Drops, Stocks Fall Amid Geopolitics | Tulsa News
Oil prices dipped despite U.S.-Iran tensions, with Brent crude falling 1% to $87 a barrel and U.S. crude also slipping. Asian markets, led by South Korea’s Kospi, continued sliding after a brutal drop, though still up year-to-date. Big tech earnings created a mixed bag: Samsung soared on record profits, while SK Hynix’s shares fell despite massive earnings—because it missed analyst expectations. U.S. stocks also tumbled as the Fed held rates steady, adding uncertainty. Chipmakers like Nvidia and AMD took hits, as geopolitical risks, earnings, and monetary policy all collide in a volatile…
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