WS #13430
Multiple sources report Iran-Oman talks on reopening the Strait of Hormuz are in final stages, with Bessent saying a deal could come 'today or tomorrow', driving oil prices down over 5%. SpaceX reports strong revenue beat but slides ~5-8% after-hours due to massive CapEx surge and lockup expiration, signaling investor concern over AI capex and supply overhang.
US-Iran Hormuz deal progress
Multiple sources report Iran-Oman talks on reopening the Strait of Hormuz are in final stages, with Bessent saying a deal could come 'today or tomorrow', driving oil prices down over 5%.
SpaceX reports strong revenue beat but slides ~5-8% after-hours due to massive CapEx surge and lockup expiration, signaling investor concern over AI capex and supply overhang.