WS #13759
Iran's IRGC refuses to reopen Strait of Hormuz until US meets maximalist demands; Trump privately willing to walk away without nuclear deal if strait reopens, creating high-stakes standoff with oil price implications. Netanyahu rejects Trump's 15-point Gaza plan, insisting no withdrawal until Hamas disarms, deepening uncertainty and dampening ceasefire optimism. Taiwan's cabinet to propose 16% increase in defense spending for 2027, pushing budget above T$1 trillion ($31 billion) for first time, boosting defense contractors with Taiwan exposure.
US-Iran/Hormuz standoff
Iran's IRGC refuses to reopen Strait of Hormuz until US meets maximalist demands; Trump privately willing to walk away without nuclear deal if strait reopens, creating high-stakes standoff with oil price implications.
Netanyahu rejects Trump's 15-point Gaza plan, insisting no withdrawal until Hamas disarms, deepening uncertainty and dampening ceasefire optimism.
Taiwan's cabinet to propose 16% increase in defense spending for 2027, pushing budget above T$1 trillion ($31 billion) for first time, boosting defense contractors with Taiwan exposure.