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American Airlines Group Inc. (NASDAQ: AAL ) stock traded lower on Friday as volatile oil markets and reduced forward earnings guidance weighed on the carrier. The Nasdaq is up 0.85% while the S&P 500 has gained 0.34%. Oil Market Volatility Crude oil traded around $77 per barrel on Friday as investors weighed negotiatio
Iran proposes no transit fees for ships in Strait of Hormuz
CBS News reports Iran and Oman are negotiating a temporary plan to reopen the Strait of Hormuz that would waive transit and service fees for vessels.
Treasury Secretary Scott Bessent says the U.S. and Iran may agree to reopen the Strait of Hormuz within two days, and Polymarket traders give an August agreement a better-than-even chance. What they don’t believe is that ships will start moving normally anytime soon. “There is a chance we may have a deal today or tomor
1 Jul 2026 After 100 editions, we say goodbye to our daily tracker. In the last 4 months, we have tracked 587 outbound tanker transits and 457 inbound ones. Pre-conflict, that would have been 4,000+ each over a similar period. Key takeaways We observed 7 tankers exiting the Strait yesterday, with the previous day's cou
Oman alerts European allies of potential fees for ships transiting the Strait of Hormuz
Qatari PM meets with Oman to discuss reopening and operation of Hormuz with Iran, GCC, and Iraq
Qatari PM meets with Oman to discuss reopening and operation of Hormuz Strait with Iran and GCC countries