WS #11205
US-Iran indirect talks in Doha conclude without progress on nuclear issues, but oil prices fall sharply (Brent -2.5%) on de-escalation narrative and Vance's comments on refilling oil stocks. Multiple defense contract wins: Cleveland-Cliffs $400M, Lockheed Martin $347.5M, AeroVironment $500M counter-drone contract, boosting defense stocks.
US-Iran Talks and Oil
US-Iran indirect talks in Doha conclude without progress on nuclear issues, but oil prices fall sharply (Brent -2.5%) on de-escalation narrative and Vance's comments on refilling oil stocks.
Multiple defense contract wins: Cleveland-Cliffs $400M, Lockheed Martin $347.5M, AeroVironment $500M counter-drone contract, boosting defense stocks.