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Oil prices surge amid US-Iran tensions, chip stocks decline

13 Jul 2026 · 16:07 ISTafter close1 source ↓written by the desknot a recommendation

Oil prices surged 5% early in the week due to escalating tensions between the U.S. and Iran, raising supply fears in the Hormuz Strait. Meanwhile, U.S. stock futures showed mixed reactions, with S&P 500 futures down 0.3% and Nasdaq 100 futures falling 1%, as Asian semiconductor stocks faced a selloff, questioning the sustainability of the AI rally. 📉

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 13 Jul 2026, 16:07 IST.

Sourcesnews.google.com

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Oil prices surge amid US-Iran tensions, chip stocks decline

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