Oil holds above $110 a barrel as fighting in the Gulf intensifies, with Iranian forces striking a UAE oil installation and small boats exchanging fire with U.S. forces near the Strait of Hormuz. Meanwhile, a sharp upgrade to U.S. earnings forecasts and soaring AI spending projections keep equity investors from heading for the exits. Today’s recommended read: https://www.reuters.com/commentary/reuters-open-interest/forget-3-us-inflation-its-heading-4-2026-05-04/ #News #Reuters #Newsfeed 👉

Tag-uri: Inflatie