The US and Iran are preparing to formally sign their interim peace deal in Switzerland on Friday, with both sides claiming victory and oil traders and shippers unsure over how quickly the Strait of Hormuz will be reopened.

SpaceX shares surged in premarket trading, putting the stock on track to...

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Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-06-16/the-opening-trade-6-16-2026-video)