ASX set to slip, oil surges as US reinstates Hormuz blockade

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Source: The Age
Published: 2026-07-14 05:21 UTC+10:00
Section: Business / Markets
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Energy, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
Oil prices are climbing following a weekend of attacks in the Middle East, while more losses for computer chipmakers and other winners of the artificial-intelligence boom weigh on stock markets.
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