WS #11960
No material new developments in the last 30 minutes. The US-Iran conflict narrative remains stable with no new escalation or de-escalation signals. The UAE production surge and OPEC demand downgrade continue as the primary counter-signals to the bullish oil thesis. No new data points on TSMC, Meta, or Apple beyond what was already reported.
Topics
Key developments
- Trump says US will take over and get paid for guarding Strait of Hormuz
- Iran warns any cooperation with US is war, threatens to widen conflict
- Saudi airstrikes target Sanaa Airport, Houthis warn of response
- UAE oil production surged 80% in June to 3.8M bpd; OPEC lowers demand forecast
- Ukraine strikes Russian oil depot in Stavropol Krai
- TSMC June revenue jumps 68% on AI chip demand
- Meta premarket gap up on data center expansion, range breakout
- Apple pushing ATH, strongest MAG7 stock per premarket analysis