WS #11476
No genuinely new material developments in the last 30 minutes. The Ukraine-Russia conflict narrative remains stable with no new escalations or de-escalations. OPEC+ output increase and Strait of Hormuz recovery are ongoing but unchanged. No counter-signals or non-dominant-narrative developments emerged.
Topics
Key developments
- Ukrainian drone strikes hit Russian oil infrastructure near St. Petersburg and Simferopol
- OPEC+ approves 188,000 b/d production increase for August
- Strait of Hormuz traffic shows signs of recovery with vessels using Oman-side route
- Hon Hai (Foxconn) reports 40% sales beat on AI demand
- BofA warns of market 'snapback' due to extreme speculation
- EasyJet board poised to accept £5.2bn Castlelake takeover
- Trump offers to help end Russia-Ukraine war in Putin call