Oil Tops $105 on Mideast Woes, Tech Immigration Suspensions, More
Summary
Oil prices surged and markets wobbled after reports that the White House requested Pentagon attack plans on Iran, while new Houthi strikes hit Saudi Arabia. In a major policy shift, the administration suspended Microsoft and other tech firms from the H-1B visa program, citing alleged abuse, and launched investigations into elite universities over J-1 visa fraud. Additionally, former Venezuelan President Maduro faces new torture charges, Hurricane Isaias is intensifying in the Gulf, and Starbucks is reportedly exploring a takeover of Chipotle.
Topics discussed
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Oil rally and potential US strikes on Iran
Amos Hochstein comments on pre-midterm attacks
Houthi attacks in Saudi Arabia and market reaction
Stock market and Treasury yield updates
Microsoft and other tech firms suspended from H-1B program
Elite universities under investigation for visa fraud
New charges against Nicolas Maduro and wife
Hurricane Isaias forecast and oil production shutdowns
Trump's financial disclosures and stock holdings
Starbucks takeover proposal for Chipotle
Chipotle and Starbucks stock price movements
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