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Standstill in the Strait of Hormuz, new inflation data, Warsh's Senate hearing and more in Morning Squawk
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Key facts
- Kevin Warsh's nomination hearing before the Senate Banking Committee has been delayed, a person familiar with the matter told CNBC yesterday
- CNBC's Kamaron McNair, Sean Conlon, Lisa Kailai Han, Lee Ying Shan, Sam Meredith, Spencer Kimball, Kevin Breuninger, Jeff Cox, Ashley Capoot, Jordan Novet, Annie Palmer, Emily Wilkins, Matt
- U.S. oil dropped below $100 this morning as tanker traffic through the Strait of Hormuz remains at a near standstill, despite the U.S.-Iran ceasefire agreement announced Tuesday
- The NFL, said that nearly 90% of its games are aired for free on broadcast TV and called its model "the most fan and broadcaster-friendly in the entire sports and entertainment industry
Summary
Stock futures are little changed this morning after adding to their post-ceasefire rally in yesterday's session. Here are five key things investors need to know to start the trading day:. U.S. oil dropped below $100 this morning as tanker traffic through the Strait of Hormuz remains at a near standstill, despite the U.S.-Iran ceasefire agreement announced Tuesday. Oil prices closed off their session highs yesterday after Israeli Prime Minister Benjamin Netanyahu said his country would negotiate with Lebanon "as soon as possible. Israeli attacks on Lebanon were one of three violations Iran's parliamentary speaker said on Wednesday amounted to a breach of the ceasefire deal.