Oil Drops After Iran Ceasefire | Open Interest 4/8/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Global markets rally as the US and Iran strike a fragile ceasefire, sending oil tumbling and shaking up Corporate America.
Delta climbs, Exxon slips, and the Strait of Hormuz reopens under Iran’s watch.
Former State Department official Jennifer Gavito on rising geopolitical risks, JP Morgan’s Darren Novak on the activist investing surge, Hyundai CEO José Muñoz on a $26 billion US manufacturing push, and Rachel Bronson on why this Middle East truce may not last. (Source: Bloomberg)
Markets rally as oil prices plunge
- How major US stock indexes fared Wednesday 4/8/2026 ABC News —
- Oil Rises After Biggest Drop Since 2020 as Hormuz Stays Blocked Bloomberg —
- Live: Aussie shares set to open lower as oil prices fall ABC News —
- Oil plunges below $95 as the Dow surges 1,300 in a worldwide rally following a ceasefire with Iran Scripps News —
- Traders Pounce on the Cease-Fire, Even as Missiles Keep Flying Wall Street Journal —