StockNow
Log in
Geopolitics

US Energy Secretary Wright says roughly 7mln bpd is getting out of the Gulf today, with US military help

News detail

No Iranian crude is getting out of the Strait. If there is no peace deal, US military will restore flow of products through Hormuz. Iranian sanction could be partially lifted if an agreement is reached. A gas tax holiday over the summer is possible to help reduce gasoline prices. Hopes the SPR will be fully refilled.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more
Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

US Treasury official says the latest removal of sanctions on Iran is not indicative of any shift in US policy toward the Government of Iran, Fox's Heinrich reports

Fed

Fed's Kashkari (2026 voter, Hawkish dissenter) says now is the time to start slowly moving up rates, but not calling for dramatic rate hikes