Oil Drops After Iran Ceasefire | Open Interest 4/8/2026

Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Global markets rally as the US and Iran strike a fragile ceasefire, sending oil tumbling and shaking up Corporate America. Delta climbs, Exxon slips, and the Strait of Hormuz reopens under Iran’s watch. Former State Department official Jennifer Gavito on rising geopolitical risks, JP Morgan’s Darren Novak on the activist investing surge, Hyundai CEO José Muñoz on a $26 billion US manufacturing push, and Rachel Bronson on why this Middle East truce may not last. (Source: Bloomberg)