Crude oil prices saw little movement as President Trump extended a ceasefire with Iran, though Iran described the continued blocking of ships as an act of war. Shipping activity through the Strait of Hormuz remains stalled, with analysts expecting prices to remain supported and potentially spike if disruptions persist.
AI stocks retreat as Democratic sweep puts data centre boom in focus
AI-related stocks came under pressure on Wednesday despite a broader Wall Street rally following the Democratic sweep of Congress. Data centre companies CoreWeave, Iren and