India inaugurated its first commercial chip facility in 2026. While ready for assembly and legacy-node chips, cutting-edge fabrication will take a decade.
Oil prices are rising due to Middle East tensions, with markets adding a geopolitical risk premium over fears of Iran escalation and supply disruptions.
Rising Middle East tensions involving Israel, Iran, Hezbollah, and the U.S. risk wider escalation, but strategic restraint still prevents full-scale war—for now.