WS #10290

The dominant signal in this window is the renewed Strait of Hormuz closure narrative, with multiple sources reporting Iran's military command announcing the closure due to US and Israeli violations of the MOU. This is corroborated by several posts, including one from a source claiming Iran closed the strait after accepting $12B in frozen funds, and another stating Trump said there will be no tolls after a 60-day period. The narrative is escalating, as Iran's closure announcement is new in this window. Additionally, Ukrainian drone strikes on Russian oil infrastructure continue, with President Zelenskyy confirming a strike on the Tyumen refinery over 2,000 km away, marking a significant range escalation. This is corroborated by multiple sources. Meta is reportedly seeking congressional protection from child safety lawsuits, which could impact META. Adobe stock fell to its lowest in 8 years, down over 70% from ATH, a bearish signal for ADBE. The Strait of Hormuz closure is the highest-significance development, with direct implications for oil prices and energy stocks.