WS #12803
US and Iran pause attacks over weekend, oil prices drop ~5% as diplomatic hopes rise, but ceasefire remains fragile with Iran insisting on Strait of Hormuz control. CATL surges after announcing share buyback plan and strong first-half profit, positive for battery and EV sector.
US-Iran Ceasefire and Oil Price Drop
US and Iran pause attacks over weekend, oil prices drop ~5% as diplomatic hopes rise, but ceasefire remains fragile with Iran insisting on Strait of Hormuz control.
CATL surges after announcing share buyback plan and strong first-half profit, positive for battery and EV sector.