Investors are selling technology shares worldwide as worries grow over whether AI-driven spending will translate into enough profits to justify current valuations. The Nasdaq Composite fell 1.3% in the previous session and the S&P 500 also closed lower, while an Asian technology stock index dropped as much as 5% to end an eight-session winning streak. In Europe, the Stoxx Europe 600 Index was down 0.92% in early trading, and Brent crude fell below $77 per barrel, a move tied to risk sentiment rather than supply and demand.

The article argues that escalating tensions in the Middle East and uncertainty around US-Iran talks are increasing India’s exposure through crude imports, while leaving the current account deficit (CAD) highly vulnerable to external shocks. It highlights structural demand drivers across oil, gold and natural gas, and calls for faster deepwater oil exploration to reduce import dependence. It also urges a broader gold mobilisation push, including temple gold purchases and a pilot for banks to hold gold as reserves. On gas, it proposes expanding piped networks and using LNG as a transition fuel for heavy trucks.

This consumer buying guide compares copper-coil split air conditioners and offers tips on what to look for when shopping. It lists nine 1.5-ton models from brands including O General, Whirlpool and Lloyd, highlighting copper’s heat-transfer efficiency, durability and repairability. The article repeatedly contrasts copper with aluminium coils and says copper performs better over time. It also references Amazon as the platform for cited buyer feedback.

Abu Dhabi National Oil Co. told long-term buyers to resume lifting crude from its Das and Zirku island ports inside the Persian Gulf from April 27, warning that failure to pick up cargoes would breach lifting obligations. The company linked the move to the recent US-Iran deal and expectations of uninterrupted traffic through the Strait of Hormuz. ADNOC has sold at least 30 million barrels via tenders and is accelerating a Fujairah pipeline to expand export capacity that bypasses Hormuz, according to Bloomberg.

India’s shipping ministry said no other Indian-flagged vessel has exited the Persian Gulf since the Malta-flagged LNG carrier Disha safely transited the Strait of Hormuz on June 15. The vessel is carrying 62,370 metric tonnes of LNG and is expected to berth at Dahej, Gujarat. The government said it is coordinating across ministries to support the safe return of ships, energy cargoes and seafarers, including through a control room that has handled more than 13,187 calls. Port operations across India remain normal with no congestion reported.

Ukraine carried out a second air strike on Moscow’s Kolomenskoye refinery, with black smoke and flames seen at the site, as Russia said it intercepted more than 555 drones and suspended flights at all four of the capital’s airports. The strike came hours before President Vladimir Putin was set to host an ASEAN summit, marking the first direct hit on a core energy facility in the Russian capital since the conflict began. No production outage was known, but the attack signaled an escalation toward strategic energy nodes inside Russia, prompting immediate market concerns over export stability and potential supply-chain disruption.

The U.S. government ordered Anthropic to immediately disable its frontier AI models Fable 5 and Mythos 5 after Amazon identified a potential risk that the models could leak information relevant to cyberattacks. Anthropic, which has received about $8 billion in investment from Amazon, became a high-profile example of escalating regulatory intervention in advanced AI. The episode involved no financial figures or product sales, but signals a de facto pre-deployment review for commercial frontier models that could add policy uncertainty for big tech firms relying on large-model commercialization.

A Punjab State Power Corporation Limited (PSPCL) report shows 2,443 cases of transformer-part theft in the Central Zone in FY2025–26, with incidents concentrated in suburban Ludhiana and the Khanna circle. The utility put the losses at more than ₹10 crore, with copper windings, aluminium components and transformer oil among the most frequently stolen items. The thefts left 168 transformers damaged and disrupted electricity supply in rural and agricultural areas. Officials said the pattern suggests organised gangs targeting isolated equipment because of strong scrap-market demand.

Vanda Research has proposed a new tech grouping called the FAB 10, which includes all seven “Magnificent Seven” companies plus SpaceX, OpenAI and Anthropic. SpaceX has drawn fresh attention to the theme amid talk of a Cursor AI partnership and a valuation that could top $2.9 trillion. The article also lists Tesla and Apple as FAB 10 members, and says their shares could benefit from enthusiasm around the trade.