Mornings on 2: U.S. crude oil prices plunge after ceasefire deal, Foldable iPhones, and Scary movies

In today's Dollars & Sense, Pam dives into: Global Markets & The Iran CeasefireThe announcement of a two-week ceasefire between the US and Iran triggered a massive global relief rally, including a 1,000-point jump for the Dow. Despite the optimism, experts warn that oil remains stubbornly high at $95 a barrel, threatening long-term economic stimulus.Airlines & Energy Supply StrainsDelta Airlines anticipates a $2 billion surge in fuel costs due to the war and the recent closure of the Strait of Hormuz. Meanwhile, energy recovery remains slow as Qatar struggles to restart a major LNG plant following a missile attack. Tech & Innovation: Apple, Uber, and VWApple shares faced pressure following reports that the first foldable iPhone may be delayed until after September due to supply chain snags. In contrast, Uber and Volkswagen are moving forward with a new autonomous ID Buzz fleet currently testing on the streets of Los Angeles. Entertainment & "Jump Scare" TechThe anchors discuss "Binge," a new app designed to warn viewers of upcoming jump scares in movies, which triggers a lighthearted debate on horror films. The segment ends with a live prank on Pam Cook, who admits she prefers comedies and happy endings over high-intensity thrills. Expert Analysis: The Global "Ripple Effect"Financial advisor Chris Markowski explains how the Iran conflict has crippled Asian manufacturing and industries, comparing the impact to the COVID-19 pandemic. He warns that if the ceasefire fails and Saudi oil infrastructure is targeted, crude prices could realistically spike to $250 a barrel. Learn more about your ad choices. Visit podcastchoices.com/adchoices