WS #13259
No material new developments in the last 30 minutes. The dominant US-Iran/Hormuz narrative remains in a contradictory phase with no new data points, and no counter-signals or de-escalation have emerged. The previous synthesis already captured the key themes, and this window contains only routine noise.
Topics
Key developments
- Iran denies Hormuz reopening deal; Trump halts strikes
- OPEC+ raises September output by 188k bpd
- Ukraine strikes major Russian oil refineries and airfields
- Oil majors report record profits on wartime crude prices
- SpaceX short interest tops $26B ahead of first earnings
- NVIDIA regains top market cap as Apple drops 7% on weak guidance