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Live updates: Trump administration says war in Iran has been 'terminated' before 60-day deadline AP NewsOil prices fall after Iran sends updated peace proposal to mediators in Pakistan CNBCWhite House says Iran war 'terminated,' as war powers deadline arrives ReutersTrump is supposed to get Congress' approval when the Iran war hits 60 days. Lawmakers can't agree when that is CNN
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Energy markets remained disrupted by turmoil in the Middle East, while the S&P 500 posted its best month since November 2020.
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Exxon Beats Q1 Earnings on Oil Price Surge Despite 6% Production Drop Crude Oil Prices Today | OilPrice.comExxon Mobil and Chevron earnings fall as Iran war disrupts oil shipments CNBCProfit for the biggest U.S. oil companies declined in 1st quarter - but only on paper
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Also: thoughts on the oil trade, advice from the Moneyist, and what to stream this month.
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American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
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