Oil Surges 69% in a Week: NVIDIA, Amazon, Meta Stocks Rattled

Oil Surges 69% in a Week: NVIDIA, Amazon, Meta Stocks Rattled

The crude oil price climbed to $115/barrel today, marking a 69% increase in one week amid the U.S.-Iran conflict. Iran’s military forces, the IRGC, have threatened to close the critical Strait of Hormuz that connects the Persian Gulf to the Arabian Sea, driving up fuel prices globally. American tech giants, including NVIDIA, Amazon, and Meta, … Read more