WS #4953

The data dump reveals a critical de-escalation in the Strait of Hormuz crisis, with multiple high-significance sources indicating diplomatic progress and a pullback in oil prices. A jetstream.bsky.priority message reports that 'VANCE ON A SECOND ROUND OF TALKS WITH IRAN: BALL IS IN TEHRAN'S COURT, AS PER REUTERS,' followed by 'VANCE TELLS FOX NEWS: MADE A LOT OF PROGRESS IN TALKS WITH IRAN.' Concurrently, Reuters data via jetstream shows US crude oil futures falling $1.15 (1.1%) to $97.95/bbl at open as the market assesses the supply situation, directly countering the previous narrative of an imminent naval blockade and supply disruption. This is corroborated by CNBC reporting that S&P 500 futures are little changed after the index erased Iran war losses, with traders shrugging off breakdowns in peace talks and oil price jumps, indicating market resilience and discounting of a favorable outcome. Energy Secretary Wright expects elevated fuel prices until shipping resumes in weeks, but the immediate price drop and diplomatic signals suggest a de-escalation. In corporate news, a dark pool alert for MSFT from previous awareness remains a high-significance positive (carried forward). Additionally, MARA is up 8.6% to $10.36, signaling crypto-miner strength. The resignation of Rep. Eric Swalwell is widely reported but lacks direct market implications, treated as noise. Overall, the dominant signal is a de-escalation in Iran tensions, likely to dampen energy stock bullishness and reduce risk-off sentiment, with tech and crypto showing isolated strength.