Hormuz Opening Uncertain After New Strike
Bessent signals Iran Hormuz deal imminent (stocks rally, oil drops); World Bank warns developing economies of US/China AI dependency risk. Wells Fargo launches tokenized deposits for corporate clients. Implication for tech leaders: AI governance localization and enterprise blockchain adoption are now critical amid geopolitical volatility and supply-chain uncertainty.
Hormuz Opening Uncertain After New Strike
A ship moving through the Strait of Hormuz was struck as talks to open the waterway continued.
U.S. Stocks Jump, Oil Drops After Bessent Says Iran Deal Could Be Close
Stocks were rallying amid strong earnings and comments by Treasury Secretary Scott Bessent that a deal with Iran to reopen the Strait of Hormuz could come "today or tomorrow."
U.S. Trade Deficit Contracted in June
Hormuz Opening Uncertain After New Strike
U.S. Stocks Jump as Bessent Says Iran Deal May Be Days Away
Hormuz Opening Uncertain After New Strike
U.S. Stocks Jump as Bessent Says Iran Deal May Be Days Away
U.S. Stocks Jump as Bessent Says Iran Deal May Be Days Away
Negotiators Close In on Deal With Iran to Open Hormuz
