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Oil hits $116 for first time since April as global stocks knocked by AI fears

Managing Editor · Friday, October 23, 2026 at 2:42 PM · 1 min read

Oil hits $116 for first time since April as global stocks knocked by AI fears — Financial Times, Hong Kong Technology news — Image: Financial Times

Markets face twin threats of surging crude prices and concern over durability of AI boom

Up nextUkraine says Starlink speeds still throttled Technology · 1 min read

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