ExxonMobil Warns of Up To $6.5 Billion Earnings Hit From Iran War

ExxonMobil on Wednesday warned its first-quarter earnings could take a hit of up to $6.5 billion tied to the war in Iran, though the company said most of the impact stems from accounting timing related to hedging contracts and is expected to reverse in future quarters.

ExxonMobil Warns of Up To $6.5 Billion Earnings Hit From Iran War

ExxonMobil on Wednesday warned its first-quarter earnings could take a hit of up to $6.5 billion tied to the war in Iran, though the company said most of the impact stems from accounting timing related to hedging contracts and is expected to reverse in future quarters.

New Polymarket Accounts Bet Big on Ceasefire Hours Before Announcement

A group of new accounts on the prediction market Polymarket made highly specific, well-timed bets on whether the U.S. and Iran would reach a ceasefire on April 7, resulting in hundreds of thousands of dollars in profits for these new customers. These bets were made even …[#item_full_content]

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