Oil Climbs with Iran Talks in Limbo; Tesla Boosts Spending Plan to $25B | Bloomberg Brief 4/23/2026

US equity futures fall after the S&P 500 hit a fresh record high. Brent crude rises above $100 a barrel as tensions surrounding the Strait of Hormuz mount and the White House waits for Iran's peace deal proposal. Tesla anticipates billions of dollars in additional spending this year to invest as much as $25 billion in AI and robotics. Marvin Loh of State Street discusses the economic fragility of the markets during the Iran war. Stephanie Brinley of S&P Global Mobility sees lack of clarity in Tesla's basic capacity plans. (Source: Bloomberg)