Nasdaq-100 & Abu Dhabi National Oil Company

Nasdaq-100: The Nasdaq-100 index sank due to the prospect of higher borrowing costs from a potential United States — Federal Reserve interest rate hike, negatively impacting tech firms.

Abu Dhabi National Oil Company: Abu Dhabi National Oil Company is a major oil producer affected by the Strait of Hormuz closure, impacting its export capacity and operations. It is building a second pipeline to mitigate this.

Nasdaq-100: Nasdaq-100 futures eased slightly, reflecting broader market wobbles caused by the geopolitical conflict and its economic implications.

Abu Dhabi National Oil Company: Abu Dhabi National Oil Company, the UAE's state oil firm, indicated that full oil flows through the Strait of Hormuz would not return before the first or second quarter of 2027, even if the conflict ended immediately.

Nasdaq-100: The Nasdaq-100>>> reached fresh records, driven by strong performance in tech stocks, especially chip companies.

Abu Dhabi National Oil Company: Abu Dhabi National Oil Company has been ferrying oil shipments out of the Persian Gulf, demonstrating the practical challenges and adaptations in maritime trade amidst regional tensions.