WS #13793
Iran refuses to reopen Strait of Hormuz until US meets demands, driving oil prices up over 2% and fueling risk-off sentiment. Ukrainian drone strike on Nizhnekamsk refinery kills 13, adding to oil supply risk and supporting higher crude prices. Embraer Q2 EPS of $1.22 beats $0.61 estimate, revenue beats, and stock jumps on improved outlook.
Iran/Hormuz escalation
Iran refuses to reopen Strait of Hormuz until US meets demands, driving oil prices up over 2% and fueling risk-off sentiment.
Ukrainian drone strike on Nizhnekamsk refinery kills 13, adding to oil supply risk and supporting higher crude prices.
Embraer Q2 EPS of $1.22 beats $0.61 estimate, revenue beats, and stock jumps on improved outlook.