WS #7219

The dominant signal in this window is the U.S. Senate confirming Kevin Warsh as the next Federal Reserve Chair, a pro-crypto appointment that could signal a shift in monetary policy and regulatory stance. This development is corroborated by multiple sources (Reuters, CNBC, Senate.gov, Bluesky posts) and carries high significance for financial markets, particularly for crypto-related assets and growth stocks. The Iran war narrative is escalating: Saudi Arabia launched strikes against Iran, Ukraine resumed drone attacks on Russian oil refineries, and Strait of Hormuz flows fell by nearly 6 million barrels per day in Q1. OPEC production is down 30%. Vice President Vance said progress is being made on Iran talks, but the Senate rejected an Iran War Powers Resolution. Other notable signals include Ouster stock surging on its lidar being qualified for NVIDIA DRIVE Hyperion, LinkedIn laying off 5% of its workforce, and a bearish option sweep on Marvell Technology ahead of earnings. The prevailing macro theme is the Iran oil crisis and its impact on energy markets, with Strait of Hormuz flows down nearly 30% in Q1.