WS #13460
No material new developments in the last 30 minutes. The Strait of Hormuz deal optimism narrative remains dominant and is corroborated by multiple sources, with no new counter-signals or de-escalation events emerging. Oil prices remain range-bound, and no new earnings or macro data points have surfaced. The situation is stable, with no actionable new information for the next 1-8 hours.
Topics
Key developments
- Iran and Oman finalize draft Hormuz deal, Trump says could be announced today or tomorrow
- Houthis sink Saudi-linked vessel near Bab Al-Mandab, escalating maritime blockade
- SpaceX stock drops ~12% as AI capex soars to $15.8B quarterly, despite revenue beat
- AMD shares fall ~8% as guidance underwhelms despite Q2 beat
- Disney beats Q3 estimates on parks and streaming strength, stock up 4%
- Eli Lilly raises FY26 guidance on GLP-1 demand, stock up 5%
- US Treasury removes Iran-related sanctions, OFAC delists Fly Baghdad
- US crude inventories build 2.479M barrels vs 1.5M draw expected