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Judging credit risk of the AI boom is difficult

A standoff between the US and Iran lifted oil prices, with stocks joining bonds lower after clashes over the Strait of Hormuz raised concerns about a disruption in energy supplies that could fuel inflation.

London, United Kingdom, July 13, 2026 (GLOBE NEWSWIRE) -- Tavia Acquisition Corp. (Nasdaq: TAVI) ("Tavia") and Vita Inclinata Technologies, Inc. ("Vita") today announced they have signed a Letter of Intent ("LOI") for a business combination that would result in Vita becoming a publicly traded compan

Tavia Acquisition, Vita Inclinata Technologies sign LOI for $450M de-SPAC deal

Oil held gains and Asian stocks were set to track Wall Street lower after the standoff between the US and Iran intensified, raising concerns that disruptions to energy supplies could accelerate inflation.

Judging credit risk of the AI boom is difficult

A standoff between the US and Iran lifted oil prices, with stocks joining bonds lower after clashes over the Strait of Hormuz raised concerns about a disruption in energy supplies that could fuel inflation.

London, United Kingdom, July 13, 2026 (GLOBE NEWSWIRE) -- Tavia Acquisition Corp. (Nasdaq: TAVI) ("Tavia") and Vita Inclinata Technologies, Inc. ("Vita") today announced they have signed a Letter of Intent ("LOI") for a business combination that would result in Vita becoming a publicly traded compan

The official data will be released tomorrow, but if past trends continue, the US inflation rate will come in higher than most Americans are used to, but still relatively low. In May, the consumer price index rose 4.2% from a year earlier, while personal consumption expenditures increased 3.4%. To th

OPEC further lowers 2026 global oil demand growth forecast Reuters