Strait of Hormuz Brinkmanship Sends Crude Toward $100 as Landmark Lawsuits Batter Big Tech
WTI crude surged 5.3% to $99.51 as Iran rejected the U.S. ceasefire framework and demanded Hormuz authority, while the S&P 500 dropped 1.48% and the VIX spiked to 31. Landmark jury verdicts against Meta for platform addiction and child exploitation opened a legal floodgate that could reprice risk ac