The turbulence in Asia’s chip-dominated stock markets highlighted how heavily global equities have come to depend on enthusiasm for artificial intelligence.
Category: Oil (Petroleum) and Gasoline
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Asia Tech Shares Swing Wildly as A.I. Jitters Persist
The New York Times – Business: -
The Iran War’s Persistent Threat to Farmers in Poor Countries
The New York Times – Business:A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.
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Markets Recoil in Global Sell-Off Driven by Tech Stocks
The New York Times – Business:Chipmakers led the way down in South Korea, where the main index crashed 10 percent. Stocks in Europe were lower and S&P 500 futures pointed to a sharp fall.
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America’s Thirst for Gasoline May Not Recover After Iran War
The New York Times – Business:People drove less and bought more-efficient cars when fuel prices surged, habits that could stick over the long term.
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U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf
The New York Times – Business:U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.
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Oil Prices Fall as U.S.-Iran Talks Show Signs of Progress
The New York Times – Business:Oil prices retreated after Iran’s foreign minister said there had been “major progress” toward ending the fighting in Lebanon during the first session of high-level talks.
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Oil Rises Amid Uncertainty Over Strait of Hormuz
The New York Times – Business:Modest reactions in the oil and financial markets as Iran and the U.S. met in Switzerland for a first round of talks aimed at making a temporary cease-fire permanent.
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Mines, Logistics and Deep Uncertainty Threaten a Middle East Oil Rebound
The New York Times – Business:More oil is getting out of the Persian Gulf, but the region’s producers are looking for signs that it is safe as they ramp up plans for alternative routes.
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Oil Prices Firm Up as U.S.-Iran Deal Faces Tests
The New York Times – Business:Oil remains on track for a second straight weekly decline, but signs of cracks in the agreement to end the war have given traders pause.
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After Deal to Reopen Strait of Hormuz, Ships Begin to Move Cautiously
The New York Times – Business:Shipping companies hoping to get their stranded vessels out face complications like mines and the lack of clear coordination.