Oil prices fell as US President Donald Trump's comments about a pause in naval operations in the Strait of Hormuz raised hopes for peace talks with Iran, while global stock markets rallied, particularly in tech sectors, driven by optimism surrounding artificial intelligence and easing geopolitical tensions. #OilPrices #StockMarket #AIBoom #US #IR #KR #AU #HK #JP #DE #FR #GB
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Oil retreats on peace prospects as AI surge powers stock rally
Oil prices dipped after US President Donald Trump's latest words fuelled hopes a for renewed peace talks with Iran. At the same time, stock markets and especially tech stocks were benefiting from the ongoing positive investment sentiment fuelled by growth related to AI.