WS #13818

From 500 msgs · 6 key-dev

The Strait of Hormuz crisis remains the dominant theme, but no new data points have emerged beyond what was previously reported. The situation is stable, with no counter-signals or de-escalation signals detected. Energy and airline tickers continue to be driven by the ongoing crisis, but no new actionable information is available. This window carries 6 key development(s), 3 at significance:high: Iran rules out negotiations with US until 2029, Strait of Hormuz stays closed; Oil prices surge 5% (WTI $82.11, Brent $87.14) as US SPR falls below 300M barrels; Nvidia continues to plunge (~$130B market cap loss) despite $500B AI infrastructure deal. A further 3 development(s) sit below significance:high.

Topics

Key developments

  • Iran rules out negotiations with US until 2029, Strait of Hormuz stays closed
  • Oil prices surge 5% (WTI $82.11, Brent $87.14) as US SPR falls below 300M barrels
  • Nvidia continues to plunge (~$130B market cap loss) despite $500B AI infrastructure deal
  • Meta launches new open-weight AI model (Muse Glimmer), gains ~1% pre-market
  • Archer Aviation jumps ~10% on deal to acquire Boeing's Wisk Aero, SkyGrid, and Insitu units
  • Colombia earthquake kills 111, injures 87, 61 buildings collapsed; national emergency declared