WS #13851

The dominant US-Iran/Hormuz narrative remains ESCALATING with oil prices elevated, but no new data points have emerged. The Nvidia $500B AI infrastructure financing story and Intel's share sale upsize remain ongoing positives, but no new information has surfaced. Anthropic's $9.1B deal with Riot Platforms is also unchanged. No counter-signals or de-escalation detected. This window carries 5 key development(s), 4 at significance:high: Oil prices surge as US-Iran Hormuz deal hopes fade; Brent tops $90; Nvidia partners with Wall Street giants to mobilize $500B for AI infrastructure; Intel upsizes share sale to ~$20B on strong demand; Anthropic signs $9.1B AI cloud deal with Riot Platforms. A further 1 development(s) sit below significance:high.