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Oil jumps after Iran attempts ‘surprise attack’; chip stocks slump further as AI sell-off continues – business live
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Guardian Business
Oil jumps after Iran attempts ‘surprise attack’; chip stocks slump further as AI sell-off continues – business live
Rolling coverage of the latest economic and financial news
The attempted attack by Iran on US forces have thrown “cold water on the idea of a swift de-escalation in the Persian Gulf”, analysts at the broker ING have warned.
Warren Patterson and Ewa Manthey wrote in a note this morning:
With Saudi oil infrastructure increasingly targeted, the risk of more prolonged supply disruptions grows. There are reports that the …
29 Jul, 06:43
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