WS #8076

Multiple sources report gunshots near the White House, with Secret Service clearing the North Lawn and press ordered inside. Approximately 20-30 shots were heard. The incident is ongoing but appears localized; no immediate market impact is expected unless escalation occurs. Separately, Iran directly rejects Trump's claim that the Strait of Hormuz will reopen as part of a negotiated deal, contradicting earlier optimism. This dampens the bullish oil-supply-resolution narrative. Ukraine-Russia hostilities continue with missile strikes on Kyiv and a Ukrainian drone strike on a Russian oil terminal in Novorossiysk, but these are escalations within an existing conflict, not new developments. The Iran deal narrative is now DE-ESCALATING due to Iran's rejection, while the White House security incident is a new but likely contained event.