WS #12199
No material new developments in the last 30 minutes. The dominant narrative remains the escalating Middle East crisis with oil supply disruption risks, but no new events or counter-signals have emerged to change the outlook.
Topics
Key developments
- Iran instructs Houthis to prepare to close Bab el-Mandeb Strait if US strikes Iranian infrastructure
- Iraq halts crude oil loading at all terminals after drone strikes on Basra Oil Terminal
- Ukrainian naval drones strike two Russian shadow fleet oil tankers in Black Sea
- US pending home sales plunge 5.4% in June vs -0.5% expected, biggest miss in months
- TSMC posts record Q2, raises 2026 outlook (>40% growth), AI demand red hot
- SpaceX's first Starship launch as a public company scheduled for tonight at 6:45 PM ET