1. U.S. intelligence warns that Iran is unlikely to ease its chokehold on the Strait of Hormuz, as the search continues for a missing crew member from a downed U.S. fighter jet in Iran.
2. Lucid ($LCID) announced it produced 5,500 vehicles and delivered 3,093 in Q1 while reaffirming its annual production guidance.
3. Fitch has downgraded JetBlue's ($JBLU) credit rating due to continued operating losses, high jet fuel prices, and elevated leverage.
Iran Tensions Rise, Lucid Production Data, JetBlue Downgrade
