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WTI crude fell to $75.98 amid Trump-Iran-Saudi uncertainty, dragging energy stocks despite strong earnings. Meanwhile, AI-driven tech rally raises bubble concerns reminiscent of 1987, 2000, and 2007 …
Oil prices plunged over 5% on potential US-Iran deal to reopen Strait of Hormuz. Energy stocks broadly declined despite mixed corporate earnings from NRG, BP, Energy Transfer, and Duke Energy.
Energy stocks and crude oil prices declined Tuesday afternoon as geopolitical tensions involving Iran persisted and major benchmarks like WTI and Brent dropped over 4%. Additionally, BofA downgraded …