WS #6225
No material new developments in the last 30 minutes. The Iran situation remains escalated with no de-escalation signals. No counter-signals or non-dominant-narrative developments detected.
Key developments
- Trump rejects Iran's Strait of Hormuz proposal, oil surges 7%
- Senate Banking Committee advances Kevin Warsh nomination for Fed Chair
- Pentagon says Iran war cost $25 billion so far, establishes new drone command
- UAE to exit OPEC on May 1, adding to oil supply uncertainty
- Iran threatens military response to US naval blockade