WS #6896
No material new developments in the last 30 minutes. The dominant narrative of escalating Israel-Iran conflict and Strait of Hormuz blockade remains unchanged, with no counter-signals or de-escalation reported. The Micron Technology rally and other prior themes continue without new data points.
Key developments
- Strait of Hormuz traffic collapses to 7 vessels; IMO declares no safe transit
- US and Israel increase military pressure on Iran; Israel may strike Iranian energy facilities
- Micron Technology (MU) extends best weekly gain since 2008 (+38%)
- Putin says Ukraine conflict nearing its end; EU prepares for talks
- Labour MP Catherine West threatens leadership challenge against Starmer by Monday
- Amazon expands pharmacy push with Ozempic same-day delivery