Oil eyes weekly drop on Hormuz deal hopes; AI sends stocks to record highs

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Oil eyes weekly drop on Hormuz deal hopes; AI sends stocks to record highs

AI Summary

Oil prices are anticipated to fall this week amid hopeful expectations of a deal affecting the Strait of Hormuz, while advances in artificial intelligence push stock markets to new highs. This juxtaposition reflects evolving dynamics in energy markets and technology sectors.

Markets AI & Tech Commodities Energy oil prices Hormuz Strait AI stocks energy market commodities

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