WS #13801
Holding: newest synthesis is 89d 13h old
Iran reiterates that the Strait of Hormuz will not reopen until the US halts its naval blockade and meets six demands, with no active US-Iran negotiations, keeping oil prices elevated. Archer Aviation announced it will acquire Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries in exchange for a 19.75% equity stake, sending ACHR up 15.8%.
Strait of Hormuz Closure Escalation
Iran reiterates that the Strait of Hormuz will not reopen until the US halts its naval blockade and meets six demands, with no active US-Iran negotiations, keeping oil prices elevated.
Archer Aviation announced it will acquire Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries in exchange for a 19.75% equity stake, sending ACHR up 15.8%.