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Oil Slides On Reports Of 'Breakthrough' Coming For Stuck Ships In Hormuz, As US Awaits Tehran's Response To Fresh Proposal
Oil Slides On Reports Of 'Breakthrough' Coming For Stuck Ships In Hormuz, As US Awaits Tehran's Response To Fresh Proposal
Summary
Sentiment in early morning trade was lifted after Al Arabiya reported that "the coming hours will witness a breakthrough for the situation of the ships stuck in the strait".
Pakistani sources said Trump has demanded Iran's "immediate response" to Washington's peace proposal.
White House on Wednesday had said it expects a response to the latest offer within 48 hours.
French nuclear-powered carrier steams through Suez Canal in support mission as Europe seeks diplomatic influence...
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Apr 29, 2026 / Tyler Durden
MSFT Dumps As CapEx Disappoints, Despite Top- & Bottom-Line Beat
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Heading into the "biggest earnings day ever", MSFT was near the bottom of the Mag7 group, down 22% from its 52-week high, with capacity constraints hampering growth and CapEx concerns weighing down the stock.
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Florida Cities Enforce Curfews And Mass Arrests After Spring Break Chaos
Florida Cities Enforce Curfews And Mass Arrests After Spring Break Chaos
Do certain groups of people deliberately seek out chaos? Do they revel in it so much that they choose to create it from thin air wherever they go? Or, are they completely unaware of the destruction that follows them around? One thing is certain - they obviously don't care about how it affects the people around them.
Spring Break in Florida has always been a wild affair attracting masses of young vacationers from across the US to white sandy beaches,...
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Apr 28, 2026 / Tyler Durden
Trump, First Lady Demand Jimmy Kimmel Be Fired Over 'Widow' Joke Days Before Assassination Attempt
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