WS #13818
Iran rules out negotiations until 2029, both sides demand compensation, oil prices surge 5% (WTI $82.11, Brent $87.14), US SPR below 300M barrels, bullish energy, bearish airlines/shipping. Archer Aviation jumps ~10% on deal to acquire Boeing's Wisk Aero, SkyGrid, and Insitu units; positive for ACHR and BA.
Strait of Hormuz Crisis Escalation
Iran rules out negotiations until 2029, both sides demand compensation, oil prices surge 5% (WTI $82.11, Brent $87.14), US SPR below 300M barrels, bullish energy, bearish airlines/shipping.
Archer Aviation jumps ~10% on deal to acquire Boeing's Wisk Aero, SkyGrid, and Insitu units; positive for ACHR and BA.