WS #10053
Iran's top negotiator Qalibaf says Strait of Hormuz will not return to pre-war conditions and Iran will charge for services, escalating geopolitical risk and countering the prior bullish oil-supply thesis from the US-Iran MOU. Smith & Wesson Brands reported Q4 Non-GAAP EPS of $0.36 vs $0.23 estimate, revenue $178.4M vs $155.3M, a strong beat driving stock higher.
Iran Strait of Hormuz escalation
Iran's top negotiator Qalibaf says Strait of Hormuz will not return to pre-war conditions and Iran will charge for services, escalating geopolitical risk and countering the prior bullish oil-supply thesis from the US-Iran MOU.
Smith & Wesson Brands reported Q4 Non-GAAP EPS of $0.36 vs $0.23 estimate, revenue $178.4M vs $155.3M, a strong beat driving stock higher.