WS #7594
No material new developments in the last 30 minutes. The dominant narrative of Iran/Strait of Hormuz escalation and Ukraine drone war remains unchanged, with no counter-signals or de-escalation reported. All key developments from the previous synthesis are still valid and ongoing.
Key developments
- Oil extends gains as US-Iran deadlock on Strait of Hormuz continues; Brent at $110.67, WTI at $102.29
- Massive Ukrainian drone attack on Moscow kills at least three, targets oil refinery; Dnipro under Shahed drone attack
- Trump issues dire warning to Iran: 'clock is ticking' for peace deal or 'there won't be anything left of them'
- UK firms halt investments and hiring as Iran war pushes up costs, bosses warn
- Goldman Sachs warns AI-fueled market rally is becoming 'one big trade'