WS #11683

The US-Iran conflict has escalated sharply, with the US launching a new wave of strikes on Iran after President Trump declared the ceasefire 'over'. Multiple sources (Al Jazeera, BBC, Reuters, social media) corroborate ongoing US airstrikes targeting Iranian infrastructure in Bushehr, Chabahar, Bandar Abbas, and Abu Musa island. Iran's IRGC shot down a US MQ-9 Reaper drone, and Iranian state media reports explosions and a hospital struck by shrapnel. Oil prices surged over 7% (Brent +6.49%, WTI +5.75%), with heating oil up 12.43%. The US military stated strikes aim to protect shipping lanes in the Strait of Hormuz. Vance warned any Iranian closure of the Strait will trigger US military action. This represents a significant escalation from the previous ceasefire period, with no counter-signals or de-escalation visible. The macro narrative is ESCALATING. Meanwhile, a few company-specific signals emerged: Meta broke ground on a $13B Canada data center (bullish for META, data center infrastructure), GoPro received $20M financing from its CEO (positive for GPRO), and RH's CEO sold 125,000 shares (bearish for RH). JPMorgan called a potential SpaceX-Tesla merger 'strategically coherent' (positive for TSLA).