US Stock MarketDetailed Quotes

ReNew Energy Global (RNW)

Watchlist
  • 6.190
  • -0.120-1.90%
Close Jun 17 16:00 ET
  • 6.200
  • +0.010+0.16%
Post 20:01 ET
2.25BMarket Cap21.57P/E (TTM)

Earnings

Revenue Breakdown

Financial Indicators

Income Statement

Balance Sheet

Cash Flow

ReNew Energy Global (RNW) Balance Sheet

Quarterly+Annual
YOY yoy
Hide blank lines yoy
(FY)Mar 31, 2026
(Q4)Mar 31, 2026
(Q3)Dec 31, 2025
(Q2)Sep 30, 2025
(Q1)Jun 30, 2025
(FY)Mar 31, 2025
(Q4)Mar 31, 2025
(Q3)Dec 31, 2024
(Q2)Sep 30, 2024
(Q1)Jun 30, 2024
Assets
Current assets
Cash, cash equivalents and short term investments
13.53%92.34B
13.53%92.34B
35.14%116.37B
38.99%111.03B
13.08%89.79B
2.09%81.34B
2.09%81.34B
-24.99%86.11B
-8.71%79.88B
8.10%79.4B
-Cash and cash equivalents
-43.48%22.85B
-43.48%22.85B
107.13%44.5B
126.92%40.81B
100.94%33.27B
49.58%40.42B
49.58%40.42B
-61.58%21.48B
-26.39%17.99B
-17.60%16.56B
-Short-term investments
69.85%69.5B
69.85%69.5B
11.21%71.88B
13.45%70.22B
-10.07%56.51B
-22.28%40.92B
-22.28%40.92B
9.74%64.63B
-1.87%61.9B
17.78%62.84B
Receivables
1.04%20.63B
1.04%20.63B
-8.80%15.11B
10.19%22.2B
23.96%21.94B
9.01%20.42B
9.01%20.42B
0.70%16.57B
-3.15%20.14B
-18.77%17.7B
-Accounts receivable
20.71%20.21B
20.71%20.21B
-7.53%14.95B
11.08%22B
25.01%21.78B
21.58%16.74B
21.58%16.74B
7.26%16.17B
1.35%19.8B
-14.58%17.42B
-Loans receivable
----
----
----
----
----
158.18%284M
158.18%284M
----
----
----
-Accrued interest receivable
----
----
----
----
----
-9.14%915M
-9.14%915M
----
----
----
-Other receivables
----
----
----
----
----
-34.67%2.37B
-34.67%2.37B
----
----
----
Inventory
225.12%13.54B
225.12%13.54B
435.38%13.42B
269.24%6.4B
657.24%7.79B
146.54%4.16B
146.54%4.16B
41.64%2.51B
16.31%1.73B
-36.75%1.03B
Prepaid assets
----
----
----
----
----
30.65%4.41B
30.65%4.41B
----
----
----
Other current assets
219,200.00%8.77B
219,200.00%8.77B
55.70%10.5B
20.12%8.38B
51.31%8.76B
0.00%4M
0.00%4M
84.51%6.74B
78.36%6.97B
25.74%5.79B
Total current assets
14.28%135.28B
14.28%135.28B
42.45%159.62B
39.53%151.91B
27.20%132.18B
13.35%118.38B
13.35%118.38B
-20.07%112.06B
-9.65%108.87B
-6.14%103.92B
Non current assets
Net PPE
7.62%828.2B
7.62%828.2B
4.02%793.14B
5.16%779.05B
5.42%750.06B
10.48%769.57B
10.48%769.57B
16.15%762.51B
22.72%740.8B
23.49%711.49B
-Gross PPE
-5.02%828.2B
-5.02%828.2B
4.02%793.14B
5.16%779.05B
5.42%750.06B
11.81%871.95B
11.81%871.95B
16.15%762.51B
22.72%740.8B
23.49%711.49B
-Accumulated depreciation
----
----
----
----
----
-23.01%-102.38B
-23.01%-102.38B
----
----
----
Goodwill and other intangible assets
13.44%41.09B
13.44%41.09B
-5.05%34.92B
-4.53%35.45B
-3.04%36.36B
-4.40%36.22B
-4.40%36.22B
-2.30%36.78B
-2.32%37.13B
-2.00%37.5B
-Goodwill
----
----
----
----
----
0.00%11.6B
0.00%11.6B
----
----
----
-Other intangible assets
----
----
----
----
----
-6.34%24.62B
-6.34%24.62B
----
----
----
Investments and advances
214.65%12.25B
214.65%12.25B
-56.86%6.85B
-16.13%10.52B
-22.73%7.99B
-40.79%3.89B
-40.79%3.89B
173.24%15.89B
119.42%12.54B
94.00%10.34B
Long-term notes receivables
----
----
----
----
----
--0
--0
----
----
----
Non current accounts receivable
-16.52%16.07B
-16.52%16.07B
19.87%19.49B
14.51%18.7B
9.71%17.59B
3.22%19.25B
3.22%19.25B
-36.28%16.26B
-33.50%16.33B
-27.00%16.03B
Financial assets
----
----
----
----
----
27.61%3.31B
27.61%3.31B
----
----
----
Non current deferred assets
45.89%10.32B
45.89%10.32B
32.37%8.6B
26.12%8.11B
31.26%7.9B
27.30%7.07B
27.30%7.07B
13.38%6.49B
9.21%6.43B
31.40%6.02B
Non current prepaid assets
----
----
----
----
----
38.19%2.11B
38.19%2.11B
----
----
----
Other non current assets
--12.89B
--12.89B
27.61%11.73B
27.34%10.99B
-2.83%9.49B
----
----
-2.30%9.19B
-7.10%8.63B
-39.83%9.76B
Total non current assets
9.43%920.81B
9.43%920.81B
3.26%874.73B
4.98%862.81B
4.83%829.38B
9.35%841.42B
9.35%841.42B
13.47%847.12B
18.60%821.86B
18.46%791.14B
Total assets
10.03%1.06T
10.03%1.06T
7.84%1.03T
9.02%1.01T
7.43%961.56B
9.82%959.8B
9.82%959.8B
8.17%959.18B
14.42%930.73B
14.96%895.05B
Liabilities
Current liabilities
Payables
49.72%19.49B
49.72%19.49B
69.04%15.04B
66.27%13.13B
32.44%9.09B
-6.26%13.02B
-6.26%13.02B
-5.86%8.9B
-6.94%7.9B
-10.69%6.87B
-accounts payable
134.99%19.21B
134.99%19.21B
70.96%13.79B
85.86%12.18B
40.66%8.52B
-10.13%8.17B
-10.13%8.17B
1.09%8.07B
-8.31%6.55B
-14.82%6.06B
-Total tax payable
-24.34%286M
-24.34%286M
50.42%1.25B
-28.93%958M
-29.24%571M
-11.89%378M
-11.89%378M
-43.49%833M
0.37%1.35B
40.35%807M
-Other payable
----
----
----
----
----
2.34%4.47B
2.34%4.47B
----
----
----
Current accrued expenses
-6.64%5.05B
-6.64%5.05B
46.47%8.83B
53.50%6.1B
24.08%7.17B
82.79%5.41B
82.79%5.41B
--6.03B
--3.98B
--5.78B
Current debt and capital lease obligation
75.50%248.67B
75.50%248.67B
67.12%212.74B
21.30%140.05B
12.41%116.19B
72.11%141.69B
72.11%141.69B
25.10%127.3B
35.41%115.45B
32.72%103.36B
-Current debt
75.95%247.58B
75.95%247.58B
67.65%211.71B
21.39%139.03B
12.58%115.25B
72.75%140.71B
72.75%140.71B
24.95%126.28B
35.43%114.54B
32.65%102.37B
-Current capital lease obligation
11.57%1.09B
11.57%1.09B
1.57%1.04B
10.91%1.02B
-5.14%941M
12.56%977M
12.56%977M
46.70%1.02B
33.28%917M
40.11%992M
Current deferred liabilities
----
----
----
----
----
11,272.73%1.25B
11,272.73%1.25B
----
----
----
Other current liabilities
49.81%52.06B
49.81%52.06B
4.70%45.63B
-8.07%37.66B
-2.88%38.84B
-18.28%34.75B
-18.28%34.75B
-17.73%43.58B
-3.98%40.97B
-32.01%39.99B
Current liabilities
65.58%325.27B
65.58%325.27B
51.90%282.24B
17.03%196.95B
9.81%171.29B
38.29%196.44B
38.29%196.44B
12.94%185.81B
23.07%168.29B
7.83%156B
Non current liabilities
Long term provisions
11.44%10.57B
11.44%10.57B
-6.52%10.82B
-7.84%10.36B
-12.34%9.77B
-9.74%9.48B
-9.74%9.48B
-40.35%11.57B
-38.41%11.24B
-38.00%11.14B
Long term debt and capital lease obligation
-10.00%531.54B
-10.00%531.54B
-8.36%554.71B
4.69%620.25B
5.76%609.44B
3.01%590.59B
3.01%590.59B
8.79%605.29B
16.52%592.48B
21.71%576.25B
-Long term debt
-10.67%520.19B
-10.67%520.19B
-8.68%545.23B
4.57%611.31B
5.79%601.26B
2.91%582.31B
2.91%582.31B
8.53%597.07B
16.30%584.6B
21.48%568.37B
-Long term capital lease obligation
36.96%11.34B
36.96%11.34B
15.26%9.48B
13.39%8.94B
3.91%8.18B
10.77%8.28B
10.77%8.28B
31.49%8.22B
35.61%7.89B
41.01%7.87B
Non current deferred liabilities
10.00%27.13B
10.00%27.13B
8.22%25.96B
20.31%27.8B
31.16%27.3B
30.51%24.66B
30.51%24.66B
32.09%23.99B
27.68%23.11B
27.27%20.81B
Employee benefits
----
----
----
----
----
-0.38%265M
-0.38%265M
----
----
----
Derivative product liabilities
----
----
----
----
----
7.75%5.56B
7.75%5.56B
----
----
----
Other non current liabilities
916.31%17.2B
916.31%17.2B
179.67%18.42B
216.72%18.6B
-8.38%7.81B
-16.44%1.69B
-16.44%1.69B
251.12%6.59B
217.34%5.87B
388.42%8.52B
Total non current liabilities
-7.25%586.43B
-7.25%586.43B
-5.80%609.91B
7.00%677.02B
6.09%654.31B
3.61%632.25B
3.61%632.25B
7.57%647.44B
14.47%632.7B
19.57%616.73B
Total liabilities
10.02%911.69B
10.02%911.69B
7.07%892.15B
9.11%873.97B
6.84%825.61B
10.16%828.69B
10.16%828.69B
8.72%833.25B
16.17%801B
17.00%772.72B
Shareholders'equity
Share capital
0.00%4.81B
0.00%4.81B
0.00%4.81B
0.00%4.81B
-0.10%4.81B
0.00%4.81B
0.00%4.81B
0.00%4.81B
0.00%4.81B
0.10%4.81B
-common stock
0.00%4.81B
0.00%4.81B
0.00%4.81B
0.00%4.81B
-0.10%4.81B
0.00%4.81B
0.00%4.81B
0.00%4.81B
0.00%4.81B
0.10%4.81B
Retained earnings
19.60%-43.22B
19.60%-43.22B
18.54%-46.23B
11.30%-47.06B
14.05%-49.05B
4.75%-53.76B
4.75%-53.76B
2.14%-56.75B
-1.47%-53.05B
-6.49%-57.07B
Paid-in capital
0.75%155.37B
0.75%155.37B
0.74%155.31B
0.44%154.84B
0.06%154.25B
0.03%154.2B
0.03%154.2B
0.02%154.16B
0.01%154.16B
0.01%154.15B
Other equity interest
21.28%8.91B
21.28%8.91B
75.16%9.72B
46.38%9.54B
129.50%8.12B
173.15%7.35B
173.15%7.35B
25.56%5.55B
90.31%6.52B
34.00%3.54B
Total stockholders'equity
11.77%125.86B
11.77%125.86B
14.70%123.62B
8.63%122.13B
12.03%118.13B
7.02%112.6B
7.02%112.6B
3.73%107.77B
4.35%112.43B
1.40%105.44B
Noncontrolling interests
0.14%18.54B
0.14%18.54B
2.35%18.58B
7.60%18.61B
5.52%17.82B
12.32%18.51B
12.32%18.51B
10.38%18.16B
6.66%17.3B
19.61%16.89B
Total equity
10.13%144.4B
10.13%144.4B
12.92%142.2B
8.49%140.75B
11.13%135.95B
7.74%131.11B
7.74%131.11B
4.64%125.93B
4.65%129.73B
3.58%122.33B
Currency Unit
INR
INR
INR
INR
INR
INR
INR
INR
INR
INR
Accounting Standards
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
US-GAAP
Audit Opinions
--
--
--
--
--
Unqualified Opinion
--
--
--
--
(FY)Mar 31, 2026(Q4)Mar 31, 2026(Q3)Dec 31, 2025(Q2)Sep 30, 2025(Q1)Jun 30, 2025(FY)Mar 31, 2025(Q4)Mar 31, 2025(Q3)Dec 31, 2024(Q2)Sep 30, 2024(Q1)Jun 30, 2024
Assets
Current assets
Cash, cash equivalents and short term investments 13.53%92.34B13.53%92.34B35.14%116.37B38.99%111.03B13.08%89.79B2.09%81.34B2.09%81.34B-24.99%86.11B-8.71%79.88B8.10%79.4B
-Cash and cash equivalents -43.48%22.85B-43.48%22.85B107.13%44.5B126.92%40.81B100.94%33.27B49.58%40.42B49.58%40.42B-61.58%21.48B-26.39%17.99B-17.60%16.56B
-Short-term investments 69.85%69.5B69.85%69.5B11.21%71.88B13.45%70.22B-10.07%56.51B-22.28%40.92B-22.28%40.92B9.74%64.63B-1.87%61.9B17.78%62.84B
Receivables 1.04%20.63B1.04%20.63B-8.80%15.11B10.19%22.2B23.96%21.94B9.01%20.42B9.01%20.42B0.70%16.57B-3.15%20.14B-18.77%17.7B
-Accounts receivable 20.71%20.21B20.71%20.21B-7.53%14.95B11.08%22B25.01%21.78B21.58%16.74B21.58%16.74B7.26%16.17B1.35%19.8B-14.58%17.42B
-Loans receivable --------------------158.18%284M158.18%284M------------
-Accrued interest receivable ---------------------9.14%915M-9.14%915M------------
-Other receivables ---------------------34.67%2.37B-34.67%2.37B------------
Inventory 225.12%13.54B225.12%13.54B435.38%13.42B269.24%6.4B657.24%7.79B146.54%4.16B146.54%4.16B41.64%2.51B16.31%1.73B-36.75%1.03B
Prepaid assets --------------------30.65%4.41B30.65%4.41B------------
Other current assets 219,200.00%8.77B219,200.00%8.77B55.70%10.5B20.12%8.38B51.31%8.76B0.00%4M0.00%4M84.51%6.74B78.36%6.97B25.74%5.79B
Total current assets 14.28%135.28B14.28%135.28B42.45%159.62B39.53%151.91B27.20%132.18B13.35%118.38B13.35%118.38B-20.07%112.06B-9.65%108.87B-6.14%103.92B
Non current assets
Net PPE 7.62%828.2B7.62%828.2B4.02%793.14B5.16%779.05B5.42%750.06B10.48%769.57B10.48%769.57B16.15%762.51B22.72%740.8B23.49%711.49B
-Gross PPE -5.02%828.2B-5.02%828.2B4.02%793.14B5.16%779.05B5.42%750.06B11.81%871.95B11.81%871.95B16.15%762.51B22.72%740.8B23.49%711.49B
-Accumulated depreciation ---------------------23.01%-102.38B-23.01%-102.38B------------
Goodwill and other intangible assets 13.44%41.09B13.44%41.09B-5.05%34.92B-4.53%35.45B-3.04%36.36B-4.40%36.22B-4.40%36.22B-2.30%36.78B-2.32%37.13B-2.00%37.5B
-Goodwill --------------------0.00%11.6B0.00%11.6B------------
-Other intangible assets ---------------------6.34%24.62B-6.34%24.62B------------
Investments and advances 214.65%12.25B214.65%12.25B-56.86%6.85B-16.13%10.52B-22.73%7.99B-40.79%3.89B-40.79%3.89B173.24%15.89B119.42%12.54B94.00%10.34B
Long-term notes receivables ----------------------0--0------------
Non current accounts receivable -16.52%16.07B-16.52%16.07B19.87%19.49B14.51%18.7B9.71%17.59B3.22%19.25B3.22%19.25B-36.28%16.26B-33.50%16.33B-27.00%16.03B
Financial assets --------------------27.61%3.31B27.61%3.31B------------
Non current deferred assets 45.89%10.32B45.89%10.32B32.37%8.6B26.12%8.11B31.26%7.9B27.30%7.07B27.30%7.07B13.38%6.49B9.21%6.43B31.40%6.02B
Non current prepaid assets --------------------38.19%2.11B38.19%2.11B------------
Other non current assets --12.89B--12.89B27.61%11.73B27.34%10.99B-2.83%9.49B---------2.30%9.19B-7.10%8.63B-39.83%9.76B
Total non current assets 9.43%920.81B9.43%920.81B3.26%874.73B4.98%862.81B4.83%829.38B9.35%841.42B9.35%841.42B13.47%847.12B18.60%821.86B18.46%791.14B
Total assets 10.03%1.06T10.03%1.06T7.84%1.03T9.02%1.01T7.43%961.56B9.82%959.8B9.82%959.8B8.17%959.18B14.42%930.73B14.96%895.05B
Liabilities
Current liabilities
Payables 49.72%19.49B49.72%19.49B69.04%15.04B66.27%13.13B32.44%9.09B-6.26%13.02B-6.26%13.02B-5.86%8.9B-6.94%7.9B-10.69%6.87B
-accounts payable 134.99%19.21B134.99%19.21B70.96%13.79B85.86%12.18B40.66%8.52B-10.13%8.17B-10.13%8.17B1.09%8.07B-8.31%6.55B-14.82%6.06B
-Total tax payable -24.34%286M-24.34%286M50.42%1.25B-28.93%958M-29.24%571M-11.89%378M-11.89%378M-43.49%833M0.37%1.35B40.35%807M
-Other payable --------------------2.34%4.47B2.34%4.47B------------
Current accrued expenses -6.64%5.05B-6.64%5.05B46.47%8.83B53.50%6.1B24.08%7.17B82.79%5.41B82.79%5.41B--6.03B--3.98B--5.78B
Current debt and capital lease obligation 75.50%248.67B75.50%248.67B67.12%212.74B21.30%140.05B12.41%116.19B72.11%141.69B72.11%141.69B25.10%127.3B35.41%115.45B32.72%103.36B
-Current debt 75.95%247.58B75.95%247.58B67.65%211.71B21.39%139.03B12.58%115.25B72.75%140.71B72.75%140.71B24.95%126.28B35.43%114.54B32.65%102.37B
-Current capital lease obligation 11.57%1.09B11.57%1.09B1.57%1.04B10.91%1.02B-5.14%941M12.56%977M12.56%977M46.70%1.02B33.28%917M40.11%992M
Current deferred liabilities --------------------11,272.73%1.25B11,272.73%1.25B------------
Other current liabilities 49.81%52.06B49.81%52.06B4.70%45.63B-8.07%37.66B-2.88%38.84B-18.28%34.75B-18.28%34.75B-17.73%43.58B-3.98%40.97B-32.01%39.99B
Current liabilities 65.58%325.27B65.58%325.27B51.90%282.24B17.03%196.95B9.81%171.29B38.29%196.44B38.29%196.44B12.94%185.81B23.07%168.29B7.83%156B
Non current liabilities
Long term provisions 11.44%10.57B11.44%10.57B-6.52%10.82B-7.84%10.36B-12.34%9.77B-9.74%9.48B-9.74%9.48B-40.35%11.57B-38.41%11.24B-38.00%11.14B
Long term debt and capital lease obligation -10.00%531.54B-10.00%531.54B-8.36%554.71B4.69%620.25B5.76%609.44B3.01%590.59B3.01%590.59B8.79%605.29B16.52%592.48B21.71%576.25B
-Long term debt -10.67%520.19B-10.67%520.19B-8.68%545.23B4.57%611.31B5.79%601.26B2.91%582.31B2.91%582.31B8.53%597.07B16.30%584.6B21.48%568.37B
-Long term capital lease obligation 36.96%11.34B36.96%11.34B15.26%9.48B13.39%8.94B3.91%8.18B10.77%8.28B10.77%8.28B31.49%8.22B35.61%7.89B41.01%7.87B
Non current deferred liabilities 10.00%27.13B10.00%27.13B8.22%25.96B20.31%27.8B31.16%27.3B30.51%24.66B30.51%24.66B32.09%23.99B27.68%23.11B27.27%20.81B
Employee benefits ---------------------0.38%265M-0.38%265M------------
Derivative product liabilities --------------------7.75%5.56B7.75%5.56B------------
Other non current liabilities 916.31%17.2B916.31%17.2B179.67%18.42B216.72%18.6B-8.38%7.81B-16.44%1.69B-16.44%1.69B251.12%6.59B217.34%5.87B388.42%8.52B
Total non current liabilities -7.25%586.43B-7.25%586.43B-5.80%609.91B7.00%677.02B6.09%654.31B3.61%632.25B3.61%632.25B7.57%647.44B14.47%632.7B19.57%616.73B
Total liabilities 10.02%911.69B10.02%911.69B7.07%892.15B9.11%873.97B6.84%825.61B10.16%828.69B10.16%828.69B8.72%833.25B16.17%801B17.00%772.72B
Shareholders'equity
Share capital 0.00%4.81B0.00%4.81B0.00%4.81B0.00%4.81B-0.10%4.81B0.00%4.81B0.00%4.81B0.00%4.81B0.00%4.81B0.10%4.81B
-common stock 0.00%4.81B0.00%4.81B0.00%4.81B0.00%4.81B-0.10%4.81B0.00%4.81B0.00%4.81B0.00%4.81B0.00%4.81B0.10%4.81B
Retained earnings 19.60%-43.22B19.60%-43.22B18.54%-46.23B11.30%-47.06B14.05%-49.05B4.75%-53.76B4.75%-53.76B2.14%-56.75B-1.47%-53.05B-6.49%-57.07B
Paid-in capital 0.75%155.37B0.75%155.37B0.74%155.31B0.44%154.84B0.06%154.25B0.03%154.2B0.03%154.2B0.02%154.16B0.01%154.16B0.01%154.15B
Other equity interest 21.28%8.91B21.28%8.91B75.16%9.72B46.38%9.54B129.50%8.12B173.15%7.35B173.15%7.35B25.56%5.55B90.31%6.52B34.00%3.54B
Total stockholders'equity 11.77%125.86B11.77%125.86B14.70%123.62B8.63%122.13B12.03%118.13B7.02%112.6B7.02%112.6B3.73%107.77B4.35%112.43B1.40%105.44B
Noncontrolling interests 0.14%18.54B0.14%18.54B2.35%18.58B7.60%18.61B5.52%17.82B12.32%18.51B12.32%18.51B10.38%18.16B6.66%17.3B19.61%16.89B
Total equity 10.13%144.4B10.13%144.4B12.92%142.2B8.49%140.75B11.13%135.95B7.74%131.11B7.74%131.11B4.64%125.93B4.65%129.73B3.58%122.33B
Currency Unit INRINRINRINRINRINRINRINRINRINR
Accounting Standards US-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAPUS-GAAP
Audit Opinions ----------Unqualified Opinion--------
Market Insights
No. Symbol 20D % Chg
Sample Name
Sample Code
 +36.66%
Sample Name
Sample Code
 +24.88%
Sample Name
Sample Code
 -11.95%
4
SPDR S&P Oil & Gas Exploration & Production ETF
XOP
-12.77%
5
United Sts 12 Month Oil Fd Lp Unit Ben Int
USL
-15.96%
View More
China Concept Stocks
No. Symbol 5D % Chg
Sample Name
Sample Code
 +15.13%
Sample Name
Sample Code
 +9.15%
Sample Name
Sample Code
 +5.97%
4
Futu Holdings Ltd
FUTU
+3.99%
5
Amer Sports
AS
+3.97%
View More
Middle East conflict spreads to the stock market! How should investors respond?
On June 18, 2026, U.S. President Trump announced that a U.S.-Iran memorandum of understanding had been signed at the Palace of Versailles, w Show More
美伊和平曙光初現！全球市場「拆彈式狂歡」：誰在帶頭衝鋒，升势還能跑多遠？
After the U.S.-Iran memorandum of understanding, crude oil dropped 5%, and my first instinct was to check calls on airline stocks

- No more -