Oil prices spike on fresh U.S.-Iran attacks, tech hammers on stocks again
- Posted on July 13, 2026
- By The Hindu
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- 1 min read
Geopolitical tensions between the United States and Iran are driving crude oil markets higher, with prices climbing over 4% amid escalating military concerns. Simultaneously, technology sector stocks are experiencing significant downward pressure across major global exchanges, reflecting investor risk aversion. This dual-market movement highlights the ongoing correlation between geopolitical events and equity market volatility, particularly impacting growth-oriented tech investments.
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