coin-img-ETHETH-0.12%coin-img-BTCBTC+0.48%coin-img-SOLSOL+0.01%coin-img-XRPXRP+1.32%coin-img-HYPEHYPE+0.99%coin-img-USDCUSDC+0.02%coin-img-SUISUI+0.27%coin-img-DOGEDOGE-0.38%coin-img-ETHETH-0.12%coin-img-BTCBTC+0.48%coin-img-SOLSOL+0.01%coin-img-XRPXRP+1.32%coin-img-HYPEHYPE+0.99%coin-img-USDCUSDC+0.02%coin-img-SUISUI+0.27%coin-img-DOGEDOGE-0.38%coin-img-ETHETH-0.12%coin-img-BTCBTC+0.48%coin-img-SOLSOL+0.01%coin-img-XRPXRP+1.32%coin-img-HYPEHYPE+0.99%coin-img-USDCUSDC+0.02%coin-img-SUISUI+0.27%coin-img-DOGEDOGE-0.38%coin-img-ETHETH-0.12%coin-img-BTCBTC+0.48%coin-img-SOLSOL+0.01%coin-img-XRPXRP+1.32%coin-img-HYPEHYPE+0.99%coin-img-USDCUSDC+0.02%coin-img-SUISUI+0.27%coin-img-DOGEDOGE-0.38%
user-avatar
The Economic Times

Asian stocks slide after AI leaders urge slowdown; Brent climbs 2.8% to $107.55

AI Market Summary
Brent jumped 2.8% above $107 after Saudi Arabia shut a key pipeline following drone attacks, while delays in Iran-Gulf talks amplified Middle East supply-disruption risk. Higher oil revives inflation concerns, reinforcing expectations of a near-term Fed hike and pressuring risk assets. Asian equities and US index futures retreated, led by AI- and semiconductor-linked shares amid calls to slow advanced AI model development.
Impact level
● High
Affected assets
NCCO1OILBRENT2USD/USDT+1.70%
AI Insight · NCCO1OILBRENT2USD/USDTAI Insight
▼ Bearish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Brent crude jumped 2.8% to $107.55 a barrel after Saudi Arabia shut a key oil pipeline following drone attacks. A planned meeting between Iran and Gulf states was postponed, adding to concerns about potential supply disruptions in the Middle East. The moves came as markets weighed the risk of renewed pressure on energy prices.
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.
Finance

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.