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Oil Smashes $104 as Hormuz Blockade Sends Asian Markets Reeling |
The collapse of US-Iran peace talks sent oil markets into a tailspin overnight. Brent crude surged 7.4% to $102 a barrel, while US crude jumped 8.7% to nearly $105 — levels not seen since the war's peak of $119. Asian stocks followed: Japan's Nikkei dropped 1%, Hong Kong's Hang Seng slid 1.5%, South Korea's Kospi fell 1.1%. Wall Street futures pointed lower for Monday's open. A brief ceasefire last week had eased oil to $90 — all of that is now wiped out. JPMorgan analysts warn prices will stay above $100 all quarter. The blockade covers all vessels entering or leaving Iranian ports. |
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What's Your Freedom Number? |
It's the exact amount of monthly income you need to never worry about money again. Thanks to a revolutionary new investment it could help you reach YOUR number faster than you thought possible. |
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Information contained in this email and websites maintained by Magnifi Communities LLC (dba Investors Alley) are for educational purposes only and are neither an offer nor a recommendation to buy or sell any security. Past performance is not necessarily indicative of future results. Trading and investing involve risk, and you may lose your principal investment. All information contained herein is copyright 2026, Magnifi Communities LLC. |
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Iran Talks Collapse After 21 Hours — Trump Orders Navy to Seal Hormuz |
After a full day of marathon negotiations in Islamabad, the US-Iran peace talks fell apart Sunday with no deal. JD Vance, who led the US delegation, blamed Tehran's refusal to abandon its nuclear ambitions. Trump responded on Truth Social, announcing the US Navy would "blockade any and all ships" entering or leaving the Strait of Hormuz. US Central Command confirmed the blockade begins Monday at 10 a.m. ET. Iran's parliamentary speaker fired back, warning Trump that Americans would soon be "nostalgic for $4–$5 gas." Iran's IRGC said any military vessel approaching the strait would be "dealt with severely." |
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Netherlands Becomes First European Country to Approve Tesla FSD |
After 18 months of testing, 1.6 million kilometres of EU road data, and more than 400 compliance checks, the Dutch vehicle authority RDW officially approved Tesla's Full Self-Driving (Supervised) software on April 10 — the first approval of its kind anywhere in Europe. Under the EU's Level 2 automation standard, Dutch Tesla drivers can now legally take their hands off the wheel in appropriate conditions, while remaining responsible for the vehicle. Eye-tracking cameras enforce attention — zone out and the car stops itself. Germany, France, and Italy could follow within weeks, with full EU-wide recognition targeted for summer 2026. |
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