WS #6042
No material new developments in the last 10 minutes. The dominant narrative remains the Israel-Hezbollah conflict and elevated oil prices, with no counter-signals or de-escalation observed. All previous high-significance developments are carried forward unchanged.
Key developments
- Oil prices surge over 1% as Strait of Hormuz blockade enters 58th day, threatening global supply
- Israeli strikes kill 14 in Lebanon despite ceasefire, Hezbollah retaliates with drones
- Iran claims recovery of US missiles and bombs for reverse engineering, preparing for potential conflict
- Senator Tillis drops opposition to Trump's Fed nominee Kevin Warsh after Powell investigation ends
- S&P 500 and Nasdaq futures edge lower amid geopolitical tensions and oil spike