WS #13947
Trump claims US control over Hormuz, Iran reports no progress on peace deal, and oil prices remain elevated near $89 Brent, with EIA projecting a decline to $78 by Q4 2026. SpaceX stock rebounded ~10% after Norway's sovereign fund disclosed a stake, and short interest fell sharply, with AI becoming a potential revenue driver.
US-Iran/Hormuz standoff
Trump claims US control over Hormuz, Iran reports no progress on peace deal, and oil prices remain elevated near $89 Brent, with EIA projecting a decline to $78 by Q4 2026.
SpaceX stock rebounded ~10% after Norway's sovereign fund disclosed a stake, and short interest fell sharply, with AI becoming a potential revenue driver.