Associated Press July 13, 2026 • 15:54

Oil prices rise following the latest fighting in the Middle East, as AI stocks sink - AP News

By Stan Choe

Oil prices rise following the latest fighting in the Middle East, as AI stocks sink - AP News

Oil prices are climbing following a weekend of attacks in the Middle East. Brent crude’s price rose 4.5% Monday after the United States and Iran each said the Strait of Hormuz is under its control. It neared $80 after President Donald Trump called for 20% pay…

NEW YORK (AP) Oil prices are climbing Monday following a weekend of attacks in the Middle East, while more losses for computer chipmakers and other winners of the artificial-intelligence boom weigh o… [+4493 chars]

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