WS #13381
Iran and Oman near deal to give Iran control over Hormuz shipping; US missiles depleted; oil rebounds ~2% on uncertainty; bullish for energy, bearish for airlines/shipping. BP and Saudi Aramco beat on high oil prices; Palantir surges 17% on AI beat; SpaceX first earnings and lock-up expiry loom as key catalysts.
US-Iran Strait of Hormuz escalation
Iran and Oman near deal to give Iran control over Hormuz shipping; US missiles depleted; oil rebounds ~2% on uncertainty; bullish for energy, bearish for airlines/shipping.
BP and Saudi Aramco beat on high oil prices; Palantir surges 17% on AI beat; SpaceX first earnings and lock-up expiry loom as key catalysts.