WS #11695
No material new developments in the last 30 minutes. The US-Iran conflict narrative remains dominant with no fresh escalation or de-escalation signals. Oil prices and market rotation patterns persist as previously described.
Topics
Key developments
- Trump declares Iran ceasefire 'over', US launches fresh strikes on over 80 targets
- Oil prices surge ~5-8% on renewed US-Iran conflict, Brent above $78, WTI above $74
- Apple commits to $30B+ chip supply deal with Broadcom for US manufacturing
- IMF cuts 2026 global growth forecast to 3.0% citing Iran war and trade fragmentation
- NASDAQ futures recoup early losses to rise 0.3%, S&P 500 futures flat