WS #6506
No material new developments in the last 30 minutes. The Iran-UAE conflict remains escalated with oil at $114/barrel, and the Ukraine ceasefire announcement is unchanged. No counter-signals or de-escalation events detected.
Key developments
- Iran strikes UAE oil terminal, US sinks Iranian boats in Strait of Hormuz
- Putin announces temporary ceasefire in Ukraine for May 8-9
- ECB's Nagel signals potential June rate hike
- Bitcoin breaks $80,000 on CLARITY Act progress
- Amazon expands logistics, pressuring transportation stocks