Chevron (CVX) news that moved the stock

What happened

NBC News, citing three US officials, disclosed Monday, Sept. 28 that an Iranian anti-ship cruise missile struck a vessel in the Strait of Hormuz on Sept. 14, injuring eight US Marines (seven enlisted, one officer) with smoke inhalation and possible traumatic brain injuries; all returned to duty shortly after, and the Pentagon had never publicly announced it. The vessel was not a Navy ship — officials called it a "maritime vessel" with a battalion landing team aboard. In parallel, per Saudi Press Agency statements carried by the WSJ's Sept. 28 oil report, Houthi ballistic missiles and drones were launched toward Riyadh and Khamis Mushait; Saudi air defenses intercepted and destroyed a ballistic missile toward Khamis Mushait on Saturday. This follows the Sept. 19 Houthi missile-and-drone attack on Riyadh that set a jet-fuel depot ablaze near King Khalid International Airport, triggering flight cancellations and terminal clearances.

What happened

A US official told CNN (reported Monday, Sept. 28, by Kristen Holmes and Alayna Treene) that President Donald Trump is willing to give Iran sanctions relief and release frozen funds as part of a final deal — but only if Tehran delivers "concrete progress" on the nuclear issue. The official said the US and Iran are holding "positive and constructive discussions through the mediators" ahead of more talks expected this week, with special envoy Steve Witkoff, Jared Kushner, Vice President JD Vance, and Secretary of State Marco Rubio leading the US side. After the report hit, crude gave up nearly all of Monday's 4%+ gains — WTI reversed to a low of $91.31 and Brent to $103.80 — and US stock indexes recovered part of their early losses, though they still closed lower: S&P 500 -0.77%, Dow -0.67%, Nasdaq 100 -1.08%.