WS #6667
No material new developments in the last 30 minutes. The dominant narrative of US-Iran tensions and oil blockade escalation remains unchanged, with no counter-signals or de-escalation indicators. The Thailand coronavirus report and FBI insider trading charges are unchanged and lack market-moving updates.
Key developments
- US Navy disables Iranian tanker; Iran warns of oil storage exhaustion within 40-45 days
- Oil prices surge: WTI crude down 12% but US gasoline tops $4.50; jet fuel crisis threatens summer travel
- Fed's Goolsbee: persistent inflation would require policy rethink; every option on table
- Foreign demand for US Treasuries stalling, trade group says; Gundlach warns on private credit
- GameStop makes $56B bid for eBay; GameStop CEO liquidating memorabilia on eBay
- China's state-backed semiconductor fund in talks to lead DeepSeek fundraising at ~$45B valuation
- Kratos Defense raises FY2026 guidance; Q1 beat; book-to-bill 1.6x
- Cirrus Logic Q4 beat; Q1 guidance above estimates