Geopolitics Drive Oil Rally and Inflation Fears as Canada-U.S. Tariffs Take Effect
U.S. stock futures fluctuated and global equities retreated as Brent crude neared $100 a barrel, stoking inflation concerns, according to Bloomberg.
Saudi Arabia halted some energy operations following attacks, while Canada’s retaliatory tariffs on U.S. goods of up to 50% took effect.
ASML secured commitments from Taiwan Semiconductor Manufacturing Co. and Samsung to deploy its latest chip-production equipment.


