Iranian Strait Plan Tests Markets as Oil and Copper Rally
TL;DR Summary
Iran’s plan to bar U.S. and Israeli ships through the Strait of Hormuz clouds a hoped-for U.S.–Iran deal and pushes oil higher, with copper also reaching a record as demand grows; SpaceX shares rise after the lockup expiry while SoftBank slides despite an earnings beat, reflecting a mixed tech and energy market backdrop.
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- A deal with Iran over the Strait of Hormuz may require a compromise from Trump The Seattle Times
- Abdul El-Sayed will win Michigan Senate primary, AP projects, in major victory for Democrats’ progressive wing The Boston Globe
- Why Trump is running out of options as Hormuz deal nears The Times
- Strategy of Strife: When Diplomacy Becomes Part of the War pacificsun.com
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