WS #12925
Iran held talks with Oman and Saudi Arabia over Strait of Hormuz, China in direct talks with Houthis over Red Sea safe passage, and Trump claims US controls Hormuz, all de-escalation signals countering oil supply crisis. Boeing reported Q2 revenue of $24.56B (beat), FCF of $631M (vs -$177M consensus), and outlined $1B-$3B 2026 FCF outlook, signaling turnaround progress.
Geopolitical De-escalation Signals
Iran held talks with Oman and Saudi Arabia over Strait of Hormuz, China in direct talks with Houthis over Red Sea safe passage, and Trump claims US controls Hormuz, all de-escalation signals countering oil supply crisis.
Boeing reported Q2 revenue of $24.56B (beat), FCF of $631M (vs -$177M consensus), and outlined $1B-$3B 2026 FCF outlook, signaling turnaround progress.