WS #13540
Iran's parliament drafting bill to ban US/Israeli vessels from Hormuz with fines up to 20% cargo value, Iran-Oman joint control plan, oil and gas prices spiking, gold at 7-week high. SpaceX lockup expiry of 900M+ shares (~$101B) creates selling pressure; Direxion launches 2X bear ETF; stock under pressure.
Iran-Hormuz escalation and oil/gold impact
Iran's parliament drafting bill to ban US/Israeli vessels from Hormuz with fines up to 20% cargo value, Iran-Oman joint control plan, oil and gas prices spiking, gold at 7-week high.
SpaceX lockup expiry of 900M+ shares (~$101B) creates selling pressure; Direxion launches 2X bear ETF; stock under pressure.