WS #13832
US and Iran trade compensation demands, dimming Hormuz reopening prospects; oil prices surge ~5% with WTI ~$82 and Brent ~$87.7, while SPR drops below 300M barrels for first time since 1983. Rocket Lab beats revenue and guides Q3 above estimates, with record backlog and $266M Space Force contract.
Hormuz standoff escalation and oil surge
US and Iran trade compensation demands, dimming Hormuz reopening prospects; oil prices surge ~5% with WTI ~$82 and Brent ~$87.7, while SPR drops below 300M barrels for first time since 1983.
Rocket Lab beats revenue and guides Q3 above estimates, with record backlog and $266M Space Force contract.