Iran Deal Progress Eases Oil Fears as AI Risks Build

Oil prices are falling as the U.S. and Iran continue talks, but the Strait of Hormuz remains the key pressure point for energy markets, gas prices, and the broader economy.Mike Armstrong and Paul Lane break down the latest signs of tanker traffic returning through the Strait of Hormuz, why Iran has a strong economic incentive to keep oil moving, and why energy markets remain difficult to predict even as crude prices fall. They also discuss the legacy of former Fed Chair Alan Greenspan, the risks facing a highly concentrated stock market, why the AI spending boom could become a warning sign for investors, Satya Nadella’s comments about AI giants, and how rising memory chip costs are starting to push up prices for consumer technology.