Another day, another deadline

Oil is on track for its steepest fall in six months as Trump buys more time on Iran. But with the Strait of Hormuz still disrupted investors are guessing in the dark. Plus, Elon Musk could launch the biggest IPO ever — and he wants retail investors along for the ride.

Today’s recommended read: War, oil shock, uncertainty? Time to raise US equity outlook, by Jamie McGeever

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