EconomicIran·30 Oct 2026
Market Decline Driven by Tech Earnings and Oil Price Hikes Amid Hormuz Tensions
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US futures declined as Nasdaq futures dropped over 2% following disappointing earnings reports from Amazon and Intel, which triggered a broader sell-off in AI infrastructure stocks. Simultaneously, oil prices climbed as Brent crude reached $117.76, driven by reports of potential US strikes on Iran, Houthi attacks on Saudi facilities, and claims that two oil…
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