‘An unattractive deal with Iran is the best of limited bad options’ if the U.S. wants to get oil flowing again

Good morning. On Fortune’s radar today:

• Iran controls the Strait of Hormuz—how bad can it be? We have answers.
• Markets: Mini rally.
• $3 billion in C-suite insider sales at CoreWeave.
• Incoming: CPI inflation.
• Why U.S. housing is stuck in a rut.
• China owns 90% of all humanoid robots.
• Italy’s $4.7 billion ‘cheese banks’ hold wheels of Parmigiano as collateral.

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This story was originally featured on Fortune.com