Stocks declined as oil prices skyrocketed on Friday, June 13, after Israel attacked Iran, one of the largest oil producers in the world. That means its data centers are purpose-built to support artificial intelligence (AI) training and inference,

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Activity in oil options suggest traders responded swiftly as hostilities between Israel and Iran escalated last week. Demand for out-of-the-money call options tied to oil spiked, sending implied volatility on contracts pegged to the commodity to its highest level in nearly three years,

That’s the end of the cheapest petrol prices in the UK for four years” – Tony Redondo, Cosmos Currency Exchange

I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity to sell options for

Never try and predict what the price of oil is going to be, because there’s one sure thing: You’re going to be wrong,” says Baker Hughes CEO Lorenzo Simonelli.

US stocks closed higher as Iran aims to deescalate the clash with Israel. Oil prices eased. Fed meets on rates this week. No one expects a rate cut.