WS #13344
Trump cancels planned Iran strikes, oil plunges ~5-6%, markets rally on de-escalation hopes, but Iran denies talks and IRGC threatens US warships. Boeing jumps ~7.5% on BNP Paribas double upgrade to outperform, FAA certification of 737 Max 7, and lower oil prices. Trump says Exxon and Chevron made 'too much money' from Iran war, pressuring oil majors and raising regulatory/price-control risks.
US-Iran de-escalation and oil price crash
Trump cancels planned Iran strikes, oil plunges ~5-6%, markets rally on de-escalation hopes, but Iran denies talks and IRGC threatens US warships.
Boeing jumps ~7.5% on BNP Paribas double upgrade to outperform, FAA certification of 737 Max 7, and lower oil prices.
Trump says Exxon and Chevron made 'too much money' from Iran war, pressuring oil majors and raising regulatory/price-control risks.