Oil and chip shares retreat after Democratic victories
Oil prices and Asian semiconductor shares fell sharply on Thursday as sweeping Democratic victories in the United States midterm elections reshaped expectations for the Iran war, energy costs and regulation of artificial intelligence infrastructure. Brent crude traded near $94 a barrel after plunging almost 9% on Wednesday, while technology-heavy stock markets in South Korea and Taiwan suffered…
We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.
