Oil prices climbed Friday following attacks on Saudi energy infrastructure and concerns over the Strait of Hormuz closure. Despite a U.S.-Iran ceasefire, fighting persists, with markets closely watching tanker flows. Attacks have significantly impacted Saudi output and refining capacity, creating a measurable supply shock.
SpaceX draws retail investors despite fall in shares post earnings
Retail investors bought SpaceX shares on Wednesday after a significant price drop. Individual traders purchased over twenty-two million dollars worth of stock. This buying activity