WS #10855

The dominant theme is the escalating US-Iran conflict, with multiple corroborating sources confirming a tanker was struck in the Strait of Hormuz by an Iranian drone, and the Pentagon deliberately delayed announcing US strikes until after market close on Friday to minimize financial market impact. This marks a sharp escalation from the fragile ceasefire signed last week, with oil prices likely to spike on Monday. The Israel-Lebanon-Hezbollah deal signing is a diplomatic development but Hezbollah's rejection limits its market impact. Serbian President Vucic's resignation announcement introduces political uncertainty in the Balkans. Apple's request to buy RAM from blacklisted Chinese supplier CXMT is a high-significance development for AAPL supply chain and margins. The Anthropic Fable 5 restoration signal from the Trump administration is a positive for AI sentiment. The Venezuela earthquake death toll has risen to 1,430, a humanitarian crisis with limited direct market impact. The European heatwave continues to break records, with potential implications for energy demand and agriculture. The US-Iran escalation is the dominant theme, with oil prices likely to spike, benefiting energy stocks and hurting airlines and consumer sectors.