WS #11071
Morgan Stanley cuts oil-price target as Strait of Hormuz reopens faster than expected; NYT reports shipping traffic picking up; Polymarket contracts on normal traffic by July 15/31. Massive Ukrainian drone attack on Russia (over 400 drones) hits oil infrastructure; EU disburses €3.9B to Ukraine for drones; Kremlin refuses to disclose fuel import sources. AeroVironment's strong earnings spark 'drone super cycle' talk. India plans to cut reliance on Middle East oil after war shock, per Bloomberg.
Strait of Hormuz de-escalation
Morgan Stanley cuts oil-price target as Strait of Hormuz reopens faster than expected; NYT reports shipping traffic picking up; Polymarket contracts on normal traffic by July 15/31.
Massive Ukrainian drone attack on Russia (over 400 drones) hits oil infrastructure; EU disburses €3.9B to Ukraine for drones; Kremlin refuses to disclose fuel import sources.
AeroVironment's strong earnings spark 'drone super cycle' talk.
India plans to cut reliance on Middle East oil after war shock, per Bloomberg.