Oil prices fell as Iraq’s Kurdistan region restarted crude exports via Turkey. This adds to global supplies. OPEC+ also plans another oil output hike in November. Brent and WTI crude futures slipped one percent. This follows price increases last week. Ukraine’s drone attacks had cut Russia’s fuel exports.
US stocks: US market ends down sharply; worries about AI trade and high oil prices weigh
Wall Street faced a sharp decline on Friday as AI-related technology stocks came under renewed pressure. Concerns regarding debt-laden AI infrastructure companies affected investor sentiment