Hong Kong, Oct 7, 2026 (AFP) - Oil rises and stocks fall as Hormuz worries flare

NAMPA / AFP
2026-10-07
Oil prices rose on Wednesday and stocks fell amid fresh concerns about Middle East supplies following a warning that Iran appeared to be stepping up attacks in the Strait of Hormuz. The retreat came as investors brushed off another record day on Wall Street, where the Nasdaq and S&P 500 were boosted by a rush back into the AI trade that saw chip titan Nvidia push towards a $6 trillion market capitalisation. Confidence has been given a boost this......
Restricted content

Latest NAMPA photos

Otjozongombe, 07 October 2026- A wildfire burns across grazing areas in the Otjozongombe area of the Opuwo Rural Constituency in the Kunene Region on Wednesday. (Photo: Kaviveterue Virere) NAMPA

Otjozongombe, 07 October 2026- A wildfire burns across grazing areas in the Otjozongombe area of the Opuwo Rural Constituency in the Kunene Region on Wednesday. (Photo: Kaviveterue Virere) NAMPA

NAMPA
WINDHOEK, 06 October 2026- Omusati Regional Commander Ismael Basson. ( Photo by Eba Kandovazu). NAMPA

WINDHOEK, 06 October 2026- Omusati Regional Commander Ismael Basson. ( Photo by Eba Kandovazu). NAMPA

NAMPA
WINDHOEK, 06 October 2026- Oshana Regional Commander, Andreas Shilelo. (Photo contributed). NAMPA

WINDHOEK, 06 October 2026- Oshana Regional Commander, Andreas Shilelo. (Photo contributed). NAMPA

NAMPA
GABORONE, 05 October 2026- National U23 player while warming up ahead of their match against Angola during the 2028 Olympic Qualifiers in Gaborone, Botswana. (Photo: contribute) NAMPA

GABORONE, 05 October 2026- National U23 player while warming up ahead of their match against Angola during the 2028 Olympic Qualifiers in Gaborone, Botswana. (Photo: contribute) NAMPA

NAMPA
GABORONE, 05 October 2026- National U23 player Brago Rukoro while warming up ahead of their match against Angola during the 2028 Olympic Qualifiers in Gaborone, Botswana. (Photo: contributed) NAMPA

GABORONE, 05 October 2026- National U23 player Brago Rukoro while warming up ahead of their match against Angola during the 2028 Olympic Qualifiers in Gaborone, Botswana. (Photo: contributed) NAMPA

NAMPA
GABORONE, 05 October 2026- National U23 player while warming up ahead of their match against Angola during the 2028 Olympic Qualifiers in Gaborone, Botswana. (Photo: contribute) NAMPA

GABORONE, 05 October 2026- National U23 player while warming up ahead of their match against Angola during the 2028 Olympic Qualifiers in Gaborone, Botswana. (Photo: contribute) NAMPA

NAMPA
WINDHOEK, 06 October 2026 - Namibia Investment Promotion and Development Board Investment (NIPDB) Senior Investment Analyst (Energy), Jackson Nangolo. (Photo: Contributed) NAMPA

WINDHOEK, 06 October 2026 - Namibia Investment Promotion and Development Board Investment (NIPDB) Senior Investment Analyst (Energy), Jackson Nangolo. (Photo: Contributed) NAMPA

NAMPA
MARIENTAL, 06 October 2026- Hardap commits to planting 75 000 trees under national Arbor Day. (Photo: Joe-Chintha Garises) Nampa

MARIENTAL, 06 October 2026- Hardap commits to planting 75 000 trees under national Arbor Day. (Photo: Joe-Chintha Garises) Nampa

NAMPA