Oil Surges Amid Iran Threats, Fed Rate Outlook, Tech Stock Dips

Market News
1. Iran's threats to halt Gulf oil flow and target infrastructure if the U.S. acts aggressively led to Brent crude oil prices rising by 3.36% and WTI by 2.95%.
2. The probability of the Federal Reserve maintaining interest rates in July stands at 68.5%, with a 31.5% chance of a 25 basis point hike.
3. Reddit shares dropped 8.8% following reports of discussions to cut Google's access to its content for AI use.