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Oil Soars as Tech Stocks Fall | Wilmington News
Oil surges as Middle East tensions flare — Brent crude jumps 3% after U.S. and Iran claim control of the Strait of Hormuz, reversing recent calm. Markets dip, especially chip stocks hit hard by AI-era gains, while energy producers rally. Global investors brace for volatility, with U.S. bank earnings looming and rising oil prices threatening to slow growth and influence interest rates. Asian markets tumble, Europe edges up — a volatile week with ripple effects across industries. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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