
There’s some notable news out of the Middle East today. Iran has reopened the Strait of Hormuz, allowing commercial ships to pass through. 🛢️🚢🇮🇷 The move comes as the Trump administration continues working toward a deal with Tehran, with just a few days left before the ceasefire ends. Keep reading to see how oil prices are reacting to the news.
We also have some news coming out of the Supreme Court this afternoon, where justices have sided with Chevron in a lawsuit meant to hold oil and gas companies liable for coastal damages in Louisiana. 🏛️⚖️ We got all the details below.
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