WS #11474
No material new developments in the last 30 minutes. The dominant narrative remains unchanged: Ukraine's drone campaign on Russian oil infrastructure, OPEC+ output increase, easyJet takeover, Apple foldable iPhone supply constraints, Microsoft lawsuit, and weak US jobs data. No counter-signals or de-escalation observed.
Topics
Key developments
- Ukraine drone strikes disable 42.74% of Russia's oil refining capacity, fuel shortages visible
- OPEC+ agrees to 188,000 bpd output increase for August as Strait of Hormuz reopens
- EasyJet board agrees to £5.2bn Castlelake takeover at £6.90 per share
- Apple foldable iPhone supply constrained, scalpers may fetch 50-100% premium
- Microsoft faces class action lawsuit, law firms urge investors to act
- US adds only 57,000 jobs in June, weaker than expected, cooling rate hike fears