WS #13791
Brent crude rose above $85/bbl and WTI above $79 as Iran hardened Hormuz demands and Houthis attacked Saudi Aramco's Jizan refinery, while a Ukrainian drone strike on Russia's Nizhnekamsk oil hub killed 13, intensifying supply disruption fears. Boeing sells Wisk Aero, SkyGrid, and Insitu to Archer Aviation for ~20% stake, GameStop may drop its $56B eBay bid, and Berkshire Hathaway increased buybacks to $4.5B, signaling strategic capital deployment.
Oil price surge on Hormuz stalemate and Russia-Ukraine strikes
Brent crude rose above $85/bbl and WTI above $79 as Iran hardened Hormuz demands and Houthis attacked Saudi Aramco's Jizan refinery, while a Ukrainian drone strike on Russia's Nizhnekamsk oil hub killed 13, intensifying supply disruption fears.
Boeing sells Wisk Aero, SkyGrid, and Insitu to Archer Aviation for ~20% stake, GameStop may drop its $56B eBay bid, and Berkshire Hathaway increased buybacks to $4.5B, signaling strategic capital deployment.