WS #11080
Multiple sources confirm US-Iran indirect talks in Doha, tanker traffic rebounds >50%, Morgan Stanley slashes oil price forecasts, and Oman proposes a Hormuz fee plan, all signaling rapid de-escalation of the oil supply crisis. AeroVironment shares surged 28% after revenue more than doubled and funded backlog jumped 65%, driven by defense spending surge and drone demand.
Strait of Hormuz de-escalation
Multiple sources confirm US-Iran indirect talks in Doha, tanker traffic rebounds >50%, Morgan Stanley slashes oil price forecasts, and Oman proposes a Hormuz fee plan, all signaling rapid de-escalation of the oil supply crisis.
AeroVironment shares surged 28% after revenue more than doubled and funded backlog jumped 65%, driven by defense spending surge and drone demand.