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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.
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1. Japan's Nikkei futures are up 2.3% in early trade, signaling positive sentiment in Asian markets.
2. A "Contract Whale" has liquidated half of its $170 million long position on the X platform, indicating a shift in crypto market strategy.
3. Gilead and Merck announced positive results from two Phase 3 trials for their once-weekly oral HIV treatment regimen.
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