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Exxon Mobil (XOM.N): A full Q3 closure of the Strait of Hormuz would cut Middle East output by about 750,000 barrels of oil equivalent per day YoY.

2026-07-31

Exxon Mobil (XOM.N): A full Q3 closure of the Strait of Hormuz would cut Middle East output by about 750,000 barrels of oil equivalent per day YoY.

Other News
2026-08-01

US President Trump told a Cabinet meeting a deal with Iran remains possible but said he is increasingly distrustful of Iranian leaders, accusing them of lying and citing five missiles fired at Jordan during negotiations. He described Iran’s conventio

US President Trump told a Cabinet meeting a deal with Iran remains possible but said he is increasingly distrustful of Iranian leaders, accusing them of lying and citing five missiles fired at Jordan during negotiations. He described Iran’s conventional forces as largely crippled — “no navy, no air force, no air defenses,” though not wholly without capability — and reiterated Iran must not obtain nuclear weapons. Asked about the next four weeks, Trump warned Washington would carry out “very severe” strikes and predicted mounting pressure would force Iranian concessions. He said advisers including Kushner, Vance and Rubio were involved in talks and criticized negotiators for prolonging discussions.
2026-08-01

Apple (AAPL.O) extended its losses to 10%.

Apple (AAPL.O) extended its losses to 10%.
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