business
Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
By Associated Press at Odessa American (oaoa.com)
· July 13, 2026
· 4 min read
By STAN CHOE
AP Business Writer
NEW YORK Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower.
The price for a barrel of Brent crude oil, the int...
Key takeaway 30 after the United States and Iran each said the Strait of Hormuz is under its control.
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Category: business ·
Published: July 13, 2026 ·
Source: Odessa American (oaoa.com) ·
Reading time: 4 min
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What is this story about? By STAN CHOE
AP Business Writer
NEW YORK Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower.
The price for a barrel of Brent crude oil, the int...
When was this published? This article was first published on July 13, 2026 by Odessa American (oaoa.com) and curated for The Odessa readers.
Who reported this story? This story was reported by Associated Press at Odessa American (oaoa.com). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Odessa, or browse our daily briefing and topic hubs .
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