WS #10956

From 500 msgs · 4 key-dev

No material new developments in the last 30 minutes. The dominant narrative remains the US-Iran military confrontation and Ukraine refinery strikes, with no new data points or counter-signals to report.

Topics

Key developments

  • Oil jumps >$1/bbl after US-Iran strikes over weekend; Strait of Hormuz chaos called 'new normal'
  • Axios: US and Iran agree to halt attacks and meet later this week
  • Ukraine drone strike sets major Russian oil refinery ablaze; Putin admits fuel shortages
  • Fed's Barkin: inflation too high but sees tentative moderation
World state #10956: US-Iran military escalation and potential de-escalation, Fed inflation commentary · River