WS #13794
No material new developments in the last 30 minutes. The dominant Iran/Strait of Hormuz narrative remains unchanged with no new escalation or de-escalation signals. No counter-signals or non-dominant-narrative developments have emerged to alter the current market outlook.
Topics
Key developments
- Iran says Strait of Hormuz stays closed until US meets conditions; oil jumps over 2%
- Ukrainian drone strike on Nizhnekamsk refinery kills 13, disrupting Russian refining
- US Senate passes bill allowing 100% tariffs on Russian oil buyers
- Intel announces $15B share sale to fund AI capacity; stock falls
- Microsoft plans Maia 300 chip launch as early as next month, constrained by TSMC capacity
- Jefferies downgrades Apple on iPhone setback; sentiment turns negative
- Embraer beats Q2 estimates strongly; raises outlook
- Archer Aviation to acquire Boeing's Wisk Aero and other eVTOL units