[MARKET UPDATE] Crude and Dollar rise, while stocks, bonds and gold take a hit as US Treaury revokes Iran General License X regarding authorised sale of Iranian oil, and US official warns of consequences to Iran's actions in Hormuz

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Iran's foreign ministry spokesperson says Qatar's accusations against Iran regarding attack on a vessel linked to the Country in the Strait of Hormuz are perplexing and inconsistent with the principle of good neighbours

Chip Industry reportedly faces a shortage of up to 157k jobs by 2030, according to a study by Semi Industry Group, McKinsey and NSF

[MARKET UPDATE] Crude and Dollar rise, while stocks, bonds and gold take a hit as US Treaury revokes Iran General License X regarding authorised sale of Iranian oil, and US official warns of consequences to Iran's actions in Hormuz

US official says negotiators continue to work in good faith towards a final agreement and Iran's actions in the Strait were wholly unacceptable to the US and will be met with consequences

US Treasury revokes June 21 Iran-related waiver; Revokes General License X, effective July 7, 2026, which previously authorized the production, delivery, and sale of Iranian-origin crude oil and petrochemical products to Iran

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