Oil Prices Rise Nearly 10% in Three Days as Markets Weigh AI Chip Optimism and Iran War Risks, Cointelegraph Says
2026-07-09 10:34:55
Oil prices rose nearly 10% over three days as markets weighed optimism around AI chips against escalating risks tied to the Iran war, Cointelegraph said in a post on X. According to Odaily, Cointelegraph added that investors are increasingly pricing in the possibility of further interest rate hikes by the U.S. Federal Reserve.
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