BofA cuts BP (BP.N) PT to $35 from $37.

市場消息：伊朗總統佩澤希齊揚週二出發前往巴基斯前表示，德黑蘭正在尋求與美國達成的諒解備忘錄的全面落實。如果所有諒解備忘錄的條款得到落實，許多地區問題將得到解決。

Columnist Matthew Lynn says the long 'oil crisis' era (1973–2026) is ending. He argues recent US–Israel action against Iran, widely feared to trigger a severe energy shock, pushed oil up briefly but did not hit inflation-adjusted record highs (2008 peak $147/bbl ≈ $224/bbl today). Markets no longer expect emergency energy-consumption curbs or runaway interest-rate spikes. Lynn identifies three market implications: a reduced strategic weight for the Middle East; downward pressure on inf — US headline prices could be near-flat YoY for a decade or more; and greater global economic stability as oil loses its headline-driving role, though it remains economically important.