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RBC CUTS TESLA TARGET PRICE TO $480 FROM $500

2026-04-13

RBC CUTS TESLA TARGET PRICE TO $480 FROM $500

Other News
2026-04-12

IMF Managing Director Kristalina Georgieva: The economic outlook for 2026 will depend on how quickly (oil) production capacity recovers.

IMF Managing Director Kristalina Georgieva: The economic outlook for 2026 will depend on how quickly (oil) production capacity recovers.
2026-04-13

Brent crude rose above $103 a barrel after weekend US–Iran talks failed, with escalation fears over a planned US naval blockade of the Strait of Hormuz, according to Onyx Capital Group Managing Director Jorge Montepeque. He said current prices do not

Brent crude rose above $103 a barrel after weekend US–Iran talks failed, with escalation fears over a planned US naval blockade of the Strait of Hormuz, according to Onyx Capital Group Managing Director Jorge Montepeque. He said current prices do not reflect potential disruption and argued oil could rise to $140–$150 if the blockade is fully implemented. The proposed measure would restrict vessels entering and leaving Iranian ports and could escalate the conflict into a global energy shock, with potential supply losses of up to 12 million barrels per day. Montepeque said traders have so far seen limited price reaction due to skepticism that both sides of the strait would be fully closed, though Brent still jumped about 8% to above $103, and could remain near $100 for the rest of the year if tensions ease.
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