WS #11079
Multiple sources confirm Strait of Hormuz traffic rebounding >50% in past week; US-Iran indirect talks in Doha; Morgan Stanley slashes oil price forecasts for next 18 months, expecting supply glut. AeroVironment revenue doubled, backlog up 65%, shares surged 28%+; CEO says growth opportunity 'never been stronger'; DoD requesting record $75B for drones in 2027.
Strait of Hormuz de-escalation and oil price forecast cuts
Multiple sources confirm Strait of Hormuz traffic rebounding >50% in past week; US-Iran indirect talks in Doha; Morgan Stanley slashes oil price forecasts for next 18 months, expecting supply glut.
AeroVironment revenue doubled, backlog up 65%, shares surged 28%+; CEO says growth opportunity 'never been stronger'; DoD requesting record $75B for drones in 2027.