WS #6952
No material new developments in the last 30 minutes. The Iran-US conflict narrative remains dominant with no de-escalation signals. The PIMCO Fed hike warning and UK political developments are unchanged from the previous window.
Key developments
- Iran rejects US peace proposal, sends response via Pakistan
- Trump says Iran operations 70% complete, may need two more weeks
- PIMCO CIO warns Fed may hike rates due to Iran war
- US Energy Secretary considers pausing federal gas tax
- Wes Streeting preparing leadership bid as Starmer faces rebellion