WS #13342
Oil plunges 5-7% as Trump claims Hormuz control and talks with Iran, but Iran denies direct talks and says only Oman negotiations; risk-on rally continues. Trump publicly criticizes oil companies for 'too much money' and orders them to cut gas prices, targeting Chevron CEO. FAA certifies Boeing 737 MAX 7 after years of delays; BNP upgrades BA to Outperform with $300 target.
US-Iran de-escalation and oil crash
Oil plunges 5-7% as Trump claims Hormuz control and talks with Iran, but Iran denies direct talks and says only Oman negotiations; risk-on rally continues.
Trump publicly criticizes oil companies for 'too much money' and orders them to cut gas prices, targeting Chevron CEO.
FAA certifies Boeing 737 MAX 7 after years of delays; BNP upgrades BA to Outperform with $300 target.