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Markets rebound as Trump hints Iran conflict may be nearing end and oil retreats
Stocks finished higher across the Dow, S&P 500 and Nasdaq after an intraday reversal sparked by President Trump’s remarks that the Iran war may be nearing an end; oil had surged earlier but faded as G-7 discussions about emergency reserves soothed prices, with investors hopeful the Middle East conflict could be winding down.

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Live Nation to unwind Ticketmaster exclusivity under DOJ antitrust settlement
The Department of Justice reached a settlement with Live Nation Entertainment over antitrust concerns about Ticketmaster, requiring the company to unwind 13 exclusive venue bookings, offer a standalone third-party ticketing option (such as SeatGeek), and pay about $280 million in civil penalties; the deal still requires approval from more than 20 states and the court. The settlement follows years of scrutiny of Live Nation’s dominance in live events, including past Taylor Swift ticketing issues and an FTC suit, while supporters say exclusivity was not necessary for quality. Shares rose on the news.

Oil Shock Triggers Global Growth Fears Amid Middle East Tensions
Oil prices surged past $115 a barrel as the US-Israel conflict with Iran deepened, triggering stock-market sell-offs and raising fears of a global energy-driven inflation spike and stagflation, with growth expected to slow and central banks facing limited room to ease policy.

Saudi Aramco taps spot market as Hormuz disruptions reroute oil flows
Saudi Aramco has offered prompt crude via rare spot-market tenders as the Strait of Hormuz closures force rerouting of shipments through the Red Sea, disrupting contracted flows.

Hims & Hers and Novo Nordisk Strike Branded GLP-1 Deal; Stock Soars
Barron’s reports that Hims & Hers Health and Novo Nordisk resolved their clash over GLP-1 drugs, with Novo agreeing to sell Ozempic and Wegovy on Hims’ online pharmacy. Hims stock rose about 38% on the news, while Novo lagged modestly higher; the settlement ends a patent-infringement lawsuit and requires Hims to stop advertising compounded GLP-1 products, though existing patients can transition to FDA-approved options. The deal comes amid FDA scrutiny of compounded GLP-1s and follows years of regulatory and competitive tension between the companies.

Paramount Chief Under Fire as $150M Suit Targets Jeff Shell
Deadline reports a $150 million lawsuit against Paramount executive Jeff Shell alleging he shared confidential Warner Bros. Discovery negotiations details and boasted about media influence, with disparaging remarks about rivals; the suit does not name Paramount as a defendant, but it jeopardizes Shell's position as Paramount's WBD deal faces scrutiny and he has been sidelined from a key merger call.

Bapco Declares Force Majeure After Iran Attack Hits Bahrain's Only Refinery
Bapco Energies declared force majeure after an Iranian strike damaged Bahrain's Al-Ma'ameer refinery, suspending oil shipments and signaling wider Gulf energy disruption, with Bahrain insisting domestic demand can be met even as neighbouring Gulf states also invoke force majeure amid ongoing attacks on energy infrastructure.

Oil spike drags markets as banks and airlines lead Monday movers
Futures declined as oil topped $100 amid Middle East tensions, with U.S. banks and airline stocks among Monday's biggest movers; Xenon Pharmaceuticals jumped about 46%.

G7 delays oil-reserve release, awaits leaders’ decision
G7 finance ministers broadly agreed not to release strategic oil reserves yet, signaling readiness to act if needed; energy ministers will reconvene on Tuesday and leaders will make the final call later this week.

DOJ settlement opens ticketing competition for venues without breaking up Live Nation
Live Nation and Ticketmaster reached a DOJ antitrust settlement that would let venues sell tickets through competitors such as SeatGeek and StubHub (ending exclusive deals), require the sale of 13 amphitheaters (potentially more if more states join), and include a $280 million payout to sign-on states. The agreement stops short of breaking up the companies, and a federal judge must sign off on it. However about 26 states plus DC plan to continue their lawsuits, led by New York and California, while the deal comes amid ongoing scrutiny of the ticketing giant following the 2022 Taylor Swift ticketing glitches.

DOJ Reaches Tentative Settlement with Live Nation to Loosen Exclusive Ticketing
The Justice Department reached a tentative settlement with Live Nation (the Ticketmaster owner) in the antitrust case, requiring changes to venue ticketing deals to permit multiple vendors and allow artists to work with other promoters. Live Nation would pay damages to states that join the settlement, and a court must approve the agreement; the deal would avoid a breakup of the 2010 merger, though some states oppose it and New York plans to continue the case.