In the wake of a major U.S. and Israeli military campaign against Iran that resulted in the death of Supreme Leader Ayatollah Ali Khamenei, global oil markets experienced an immediate jolt. Brent crude oil prices surged 8% over the weekend to approximately $78 a barrel, reflecting acute anxiety over Middle Eastern energy supplies. However, according to Goldman Sachs’ Head of Oil Research, Daan Struyven, this specific price point reveals exactly what traders are betting on: a disruption lasting about four weeks.
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During a call with investors on Monday, Paramount Skydance head David Ellison insisted that, if his deal to acquire the entirety of Warner Bros. Discovery for about $110 billion receives the necessary regulatory approvals, he plans to merge Paramount Plus and HBO Max. Ellison noted that combining the services together would give Paramount Skydance "a little over 200 million direct to consumer subscribers," but he insisted that the company would want the HBO brand to "operate with in …