WS #13795
Brent and WTI futures rise over $2/barrel as Iran tempers hopes of Hormuz reopening, with WTI touching $80, boosting energy equities and pressuring indices. Archer Aviation to acquire Boeing's Wisk Aero, SkyGrid, and Insitu, with Boeing taking ~20% stake, sending ACHR up ~15-19% premarket.
Oil price surge on Hormuz uncertainty
Brent and WTI futures rise over $2/barrel as Iran tempers hopes of Hormuz reopening, with WTI touching $80, boosting energy equities and pressuring indices.
Archer Aviation to acquire Boeing's Wisk Aero, SkyGrid, and Insitu, with Boeing taking ~20% stake, sending ACHR up ~15-19% premarket.