WS #6472
No genuinely new material developments detected in the last 30 minutes. The dominant narrative remains the Iran de-escalation and OPEC+ production increase, with no counter-signals or shifts in the prevailing themes.
Key developments
- Trump: US to begin guiding neutral ships through Strait of Hormuz Monday
- Iran confirms receipt of US response to 14-point peace proposal, under review
- OPEC+ agrees to 188,000 bpd production increase for June; UAE exits OPEC
- GameStop makes $56 billion unsolicited offer to acquire eBay
- Spirit Airlines ceases operations, enters liquidation
- Meta acquires humanoid robot developer Assured Robot Intelligence
- Fed's Kashkari: Iran war limits Fed's ability to provide rate guidance, rate hikes possible
- Oil falls over 2% on Hormuz reopening prospects and Iran peace talks progress