Piper Sandler Warns Prolonged Strait of Hormuz Closure Could Drive Oil to New Summer Highs US and Mexico Schedule Three Rounds of Bilateral Trade Talks Excluding Canada US Consumer Price Index Accelerates to 38 Annually in April Surpassing Expectations Marvell Technology Stock Rises on Exceptional AI Demand and Upbeat Revenue Outlook Oil Prices Retreat as Scope for USIran Peace Talks Emerges Brent Crude at 98bbl Iran Publishes Map Asserting Control Over Strait of Hormuz Raising Geopolitical Tensions Global Stock Markets Reach Record Highs as Oil Prices Slide on USIran Peace Hopes