Here’s Why Shares in Venture Global Soared This Week (Hint: It’s Iran-Related)
Shares in Venture Global (VG +1.21%) rose by 11.2% in the week to Friday morning as the market began pricing in a breakdown of the U.S.-Iran ceasefire. It’s far from clear whether the memorandum of understanding (MoU) between the U.S. and Iran remains relevant, and whether the Strait of Hormuz will be fully opened in…