WS #13381
No material new developments in the last 30 minutes. The dominant US-Iran/Hormuz narrative remains unchanged with no new data points, and no counter-signals or de-escalation have emerged. All other previously noted themes (oil majors' earnings, SpaceX, Palantir) are unchanged.
Topics
Key developments
- Iran-Oman deal to give Iran control over Hormuz shipping nears; US missiles depleted
- Oil rebounds ~2% as Hormuz uncertainty persists; Brent ~$86, WTI ~$82
- Saudi Aramco Q2 profit surges 44%; conflict wiped 2.6B barrels from supply
- Palantir beats Q2, raises FY26 outlook; stock surges 17% premarket
- SpaceX first earnings post-IPO due today; lock-up expiry to double float
- Trump administration drafting ban on Chinese data center devices
- Apple launches fresh legal challenge against UK encryption demand; EU DMA procedures to conclude
- BP Q2 profit $5.7B, up 78% QoQ; sells Archaea biogas business