Stock markets across Asia tumbled, as investors continue to wrestle with whether the boom in artificial intelligence spending is overdone or just beginning.
Category: US and Israeli Attack on Iran (2026)
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Stocks in Asia Tumble as A.I. Uncertainty Jolts Tech Shares
The New York Times – Business: -
Movement Through Strait of Hormuz Is Halted After Attack on Cargo Ship
The New York Times – Business:The strike on a vessel near the coast of Oman prompted a U.N. agency to pause an evacuation of ships from the Persian Gulf.
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Inflation Accelerated in May as Iran War Pushed Up Prices
The New York Times – Business:A closely watched measure of inflation ticked up as the conflict in the Middle East inflated energy prices.
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Lesson Learned From Iran War: Reduce Reliance on Strait of Hormuz
The New York Times – Business:Increased stockpiles, more pipelines and other tactics could loosen the waterway’s stranglehold on the global economy.
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Oil Prices Fall Toward Prewar Levels as Gulf Shipping Resumes
The New York Times – Business:Oil prices fell, moving closer to levels not seen since the war in Iran began in February.
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Asia Tech Shares Swing Wildly as A.I. Jitters Persist
The New York Times – Business:The turbulence in Asia’s chip-dominated stock markets highlighted how heavily global equities have come to depend on enthusiasm for artificial intelligence.
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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.