WS #6469
No material new developments in the last 30 minutes. The Iran de-escalation narrative remains the dominant signal, with no new counter-signals or contradictory data. The previous synthesis's key developments (Iran talks, OPEC+ output increase, Fed warning) are still current and unchanged.
Key developments
- Trump announces 'Project Freedom' to guide ships through Strait of Hormuz; oil prices fall ~2%
- OPEC+ agrees to increase June output by 188,000 bpd, excluding UAE
- Fed's Kashkari warns prolonged Iran war could fuel inflation, limit rate cuts
- Spirit Airlines ceases operations after failing to secure federal bailout
- A2 Milk recalls US infant formula batches after toxin detection
- Strategy (MSTR) pauses Bitcoin buying ahead of Q1 earnings