Iran Says It's Closing Strait of Hormuz For Drills, Tech Selloff Resumes

Описание: Iran has announced that they are temporarily closing part of the Strait of Hormuz for naval exercises as talks with the US continue and the US continues to send military assets to the region. Thus far, the price of oil seems unaffected. Elsewhere the selloff in technology stocks has resumed as analysts at two big banks are out with notes expressing doubts about datacenter capex and lack of profitability.

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