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Oil Prices Drop on US-Iran Deal, US Tech Storage Stocks Surge, SpaceX Acquires Anysphere

16 Jun 2026, 08:00 - 12:00 (UTC)
1. Brent and WTI crude oil prices fell significantly following statements on the US-Iran deal and hopes for Hormuz reopening, sparking supply concerns.
2. The US stock storage sector, including Micron and Western Digital, rallied pre-market and hit record highs, driven by positive sentiment.
3. SpaceX is reported to acquire Anysphere through a merger for $60 billion, indicating a major consolidation in the tech sector.
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