Report
Oil prices slide as Iranian and Qatari mediators continue talks
Asian shares bounced as investors hoped Apple's earnings would ease worries about AI spending.
TLDR
Oil prices slid as talks continued between Iranian and Qatari mediators. Asian shares rose as investors awaited Apple's earnings later that day, hoping for relief from AI cash-burn worries. Separately, Seyed Mohammad Marandi warned that a US strike on Iran would trigger a major Iranian response and send shockwaves through the global economy.
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