WS #8756

The dominant signal in this window is a sharp escalation in Iran-US tensions, with multiple sources reporting that Iran has ended all negotiations with the US and vowed to completely block the Strait of Hormuz. This is corroborated by a CNBC report and a Bloomberg article on Iran suspending talks. The situation is further inflamed by Israeli strikes on southern Lebanon and Hezbollah's conditional ceasefire offer. This escalation directly threatens global oil supply, with Polymarket contracts showing elevated probability of crude hitting $120-130 by end of June. The White House has denied closure reports, but traffic through Hormuz is already 91% below normal. Separately, Anthropic has confidentially filed for an IPO with a potential $1.8 trillion valuation, which could reshape the AI landscape and compete with SpaceX for investor attention. Bitcoin is sliding 3% amid record ETF outflows and news that Michael Saylor's Strategy sold BTC for the first time since 2022. Barclays raised AMD price target to $665, signaling continued AI chip demand. The Iran situation is clearly ESCALATING, while the Anthropic IPO and AMD upgrade are positive signals for tech.