Petroleum & Micron Technology

Petroleum: The price of Petroleum>>> has surged due to the conflict and the closure of the Strait of Hormuz>>>, directly impacting global energy markets and corporate costs.

Micron Technology: Micron Technology's stock dropped, tracking losses in tech shares and indicating a cooling of the AI boom's impact on semiconductor companies.

Petroleum: The price of oil has been significantly impacted by the closure and subsequent partial reopening of the Strait of Hormuz. The easing of supply concerns due to increased traffic through the strait has led to oil prices falling to pre-war levels.

Micron Technology: Micron Technology's stock dropped, contributing to market decline, but this is linked to the performance of AI technology stocks, not the US-Iran peace deal.