flash-finance

Hedge funds boosted bearish bets on US crude to the most in nearly five months on expectations that a preliminary peace deal between Washington and Tehran will boost Middle East oil flows through the Strait of Hormuz.

Wall Street traders drove stocks down from the brink of record highs as a slide in several tech giants overshadowed optimism about progress in peace talks between the US and Iran. Oil retreated.

Expected Closing Set for Q3/2026 Expected Closing Set for Q3/2026

Oil tanker traffic picks up through Hormuz Reuters

Federal Reserve notes with deep sadness the passing of Alan Greenspan

Abbvie makes a move in M&A, and SpaceX is started with a hold rating at KeyBanc.

The US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal.

S&P 500, Nasdaq fall as megacap tech drags; Iran developments watched Reuters

Shareholders call for private credit group’s £4.7bn approach to be increased to at least £7-a-share

Iranian crude is flooding onto the global market again, just as the US waives sanctions on the cargoes, permitting far more countries to buy them.