Oil Market Swings, Iran's Assertions, and PetMed Express Buyout Boost

1. Iranian officials reported selling oil 20% higher and asserted sovereignty over the Strait of Hormuz, while threatening that if the U.S. prevents Iranian oil sales, no one will benefit.
2. Brent and WTI crude oil futures experienced declines, with U.S. crude falling over $1 per barrel amid speculation of potential U.S.-Iran talks in Doha.
3. Shares of PetMed Express (PETS) surged 9% after receiving a $3 per share buyout offer from Silvercape Investments.