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The Trump administration claims oil is flowing normally again. There's just one problem CNNHormuz closure squeezes global economy as oil demand destruction intensifies, IEA says cnbc.comUS Sees Iran War Oil Supply Disruptions Lasting Through 2027 Bloomberg.comHormuz Standoff Derails Oil Supply Recovery and Deepens Demand Slump, IEA Says WSJ
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Though Lumentum posted blowout earnings and an upbeat forecast, its stock was largely flat after hours.
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Wall Street ends down as US-Iran peace optimism fades ReutersS&P 500 falls amid Iran uncertainty, Big Tech losses: Live updates CNBCDow ends over 180 points lower, S&P 500 and Nasdaq fall as hopes for a U.S.-Iran deal fade MarketWatchStock market today: Dow, S&P 500, Nasdaq slip amid US-I
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The Rhine conveys vessels and cargo that power European industry. Record low water levels are disrupting supply chains, adding costs and presenting fresh risks to growth.
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