Iran Conflict: AI-hit tech companies fear slowdown in spends

Iran Conflict: AI-hit tech companies fear slowdown in spends

The Strait of Hormuz, through which a third of the world's seaborne oil passes, was temporarily closed following the escalation, rattling global energy markets and threatening a price rise. With approximately 60% of India's oil imports sourced from the Middle…

Indias IT services sector is facing a disruption as the Middle East conflict threatens to slow tech spending and freeze expansion plans in the Gulf region, aggravating the stress on the sector which … [+3432 chars]
Iran Conflict: AI-hit tech companies fear slowdown in spends - FHMnews