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CMB.TECH Announces Q1 2026 Results on 19/05/2026
Nordic Stocks Rise; Bravida Holding Tops Leaders
Iran strongly condemned the U.S. maritime blockade operation and declared that it would launch an 'unprecedented' military counterattack.
A senior Iranian security official condemned the U.S. blockade in the Strait of Hormuz as 'piratical behavior,' vowing a swift counteraction. He explicitly stated that Iran possesses greater resilience and highlighted the stark contrast in public sentiment between the two nations.
Warnings of continuously rising oil prices have emerged, but why has the U.S. stock market remained unfazed?
Oil prices have experienced significant volatility due to the situation in Iran, yet US equities have defied the trend by reaching new record highs—this rare 'decoupling' phenomenon is underpinned by a strong earnings season and option structures that have created a 'paper prosperity.' However, market breadth has narrowed to its lowest level since the dot-com bubble, with the VIX climbing back above 20. The entire rally is based on the single assumption that 'conflicts will eventually be resolved.' Should a ceasefire collapse, this sandcastle will crumble.
CMB.TECH Target Started at EUR14.20 by Berenberg
CMB.TECH Started at Buy by Berenberg