WS #13371

The dominant theme remains the US-Iran conflict, which is ESCALATING despite Trump's claims of de-escalation. Iran has denied direct talks with the US, instead negotiating with Oman on a single two-way Hormuz route, while Trump calls it a 'last chance' and threatens US control of the strait. Oil prices have rebounded ~1% (Brent ~$84.9, WTI ~$81.1) after Monday's 7% plunge, reflecting persistent supply risk. Cross-source corroboration is strong (Reuters, Benzinga, GDELT, multiple regional outlets). The 25-state lawsuit against Section 301 tariffs is confirmed by multiple sources (AP, Xinhua, ANI, GDELT), adding legal uncertainty to trade policy. In corporate news, Palantir's blowout quarter (93% revenue growth, US commercial +149%) and SpaceX IPO windfall are confirmed, with stock up ~15% after hours. Amazon crossed $3 trillion market cap, but Bezos's $4.07B sale cools the rally. HSBC's $1B buyback and Onsemi's AI data center guidance are also confirmed. The yen intervention theme persists with Japan and US vowing further action. The dominant narrative is the US-Iran standoff, with oil and risk sentiment directly tied to its resolution.