WS #12821

The dominant narrative remains the US-Iran conflict pause, but new developments include Saudi Arabia intercepting drones from Iraq targeting oil facilities, escalating regional tensions despite the pause. Nvidia and Microsoft launched an open AI security alliance without OpenAI, Google, or Anthropic, signaling a strategic shift in AI security. Strategy (formerly MicroStrategy) bought additional Bitcoin, supporting crypto sentiment. These are the only genuinely new items in this window.