WS #12794
US and Iran pause military strikes for second night, causing Brent crude to drop over 5% and WTI to fall 6% to ~$83.80, while S&P 500 futures rally 60 points. ExxonMobil is reportedly evaluating Woodside Energy as an LNG acquisition target, sending Woodside ADRs up 14%.
US-Iran Strike Pause and Oil Plunge
US and Iran pause military strikes for second night, causing Brent crude to drop over 5% and WTI to fall 6% to ~$83.80, while S&P 500 futures rally 60 points.
ExxonMobil is reportedly evaluating Woodside Energy as an LNG acquisition target, sending Woodside ADRs up 14%.