Spain won the World Cup, defeating Argentina 1-0, marking their first title since 2010 and earning $51 million in prize money. Meanwhile, U.S. military operations in the Middle East have intensified, resulting in the deaths of three U.S. service members and raising concerns about a prolonged conflict.
This situation has led to a significant increase in oil prices, with Brent crude surpassing $90 per barrel for the first time since June. The heightened tensions in the Strait of Hormuz, a critical shipping route, have created a 'worst-case scenario' for oil tankers, according to maritime risk expert Dimitris Maniatis.
Additionally, TSMC is ramping up its investment in Arizona to meet the growing demand for AI, committing an extra $100 billion to expand its chipmaking capabilities in the U.S