In a shocking turn of events, the US and Iran have reached a deal to end the month-long war, sending oil prices plummeting to around $80 a barrel. This historic agreement has sent shockwaves through the global economy, with the stock market reaching a record high and the Dow Jones Industrial Average closing at a staggering $51,071. The news has also sparked a surge in the price of oil stocks, with ExxonMobil and Chevron leading the charge.

Frank Mottek dives into the details of the deal and its potential implications on the global economy. Frank is joined by, oil analyst John Kilduff, shares his expert insights on the impact of the deal on oil prices and the stock market. We also discuss the potential risks and wildcards that could affect the outcome of the agreement, including the Israeli response and the situation in Lebanon. Additionally, we touch on the tragic news of a B-52 bomber crash at Edwards Air Force Base and its potential implications.

The deal, which includes the reopening of the Strait of Hormuz, is a significant development in the region. However, the details of the agreement are still unclear, and there are concerns about the potential risks of the deal. Our guest, retired US Marine Corps Lieutenant Colonel Hall Kempfer, shares his expertise on the situation in the Middle East and the potential implications of the deal.

In a shocking turn of events, the US and Iran have reached a deal to end the month-long war, sending oil prices plummeting to around $80 a barrel. This historic agreement has sent shockwaves through the global economy, with the stock market reaching a record high and the Dow Jones Industrial Average closing at a staggering $51,071. The news has also sparked a surge in the price of oil stocks, with ExxonMobil and Chevron leading the charge.
Frank Mottek dives into the details of the deal and its potential implications on the global economy. Frank is joined by, oil analyst John Kilduff, shares his expert insights on the impact of the deal on oil prices and the stock market. We also discuss the potential risks and wildcards that could affect the outcome of the agreement, including the Israeli response and the situation in Lebanon. Additionally, we touch on the tragic news of a B-52 bomber crash at Edwards Air Force Base and its potential implications.
The deal, which includes the reopening of the Strait of Hormuz, is a significant development in the region. However, the details of the agreement are still unclear, and there are concerns about the potential risks of the deal. Our guest, retired US Marine Corps Lieutenant Colonel Hall Kempfer, shares his expertise on the situation in the Middle East and the potential implications of the deal.

There is one, undisputed Voice of Business News on Southern California, Frank Mottek. Frank brings his thirty-plus years of covering news – with his focus on business and money to 790 KABC, weekdays on your drive home. As host of Mottek on Money daily at 6pm PT, Frank talks to the biggest names in the news and biggest personalities driving business, all to give you the insights you need for your financial health and success. Southern Californians trust Frank Mottek. 

Follow Frank wherever you enjoy podcasts:

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There is one, undisputed Voice of Business News on Southern California, Frank Mottek. Frank brings his thirty-plus years of covering news – with his focus on business and money to 790 KABC, weekdays on your drive home. As host of Mottek on Money daily at 6pm PT, Frank talks to the biggest names in the news and biggest personalities driving business, all to give you the insights you need for your financial health and success. Southern Californians trust Frank Mottek. 
Follow Frank wherever you enjoy podcasts:
Apple: <a href="http://apple.co/mottekonmoney">http://apple.co/mottekonmoney</a> 
Spotify: <a href="https://open.spotify.com/show/1IOB53uiJjQOQvY30Db0yS?si=b6dc694fb03c4e8b">https://open.spotify.com/show/1IOB53uiJjQOQvY30Db0yS?si=b6dc694fb03c4e8b</a>
YouTube: <a href="https://youtube.com/playlist?list=PLCp1uG4RZ2CpQeUsc_JCEHp84tJlHjnlh">https://youtube.com/playlist?list=PLCp1uG4RZ2CpQeUsc_JCEHp84tJlHjnlh</a>

Mottek On Money with Frank Mottek

U.S. Iran deal to end war sends oil prices plunging, Dow hits record high

https://api.omny.fm/orgs/a7b0bd27-d748-4fbe-ab3b-a6fa0049bcf6/clips/7246dd58-73ec-4d78-9bbb-b46b0001b78f/transcript