US Stock Market Falls as Semiconductor Sector Retreats and Oil Prices Spike on Middle East Tensions
Oil prices today surged following Iranian attacks on commercial vessels in the Strait of Hormuz, a critical global shipping route. US equity markets declined simultaneously as semiconductor stocks faced pressure from competition fears and corporate spending concerns. The dual movement highlights market sensitivity to geopolitical risk and technology sector valuations. Oil Market Response to Middle East Tensions Brent crude oil futures climbed above $75 per barrel following reports of Iranian att…









