WS #5331

The data dump reveals a critical escalation in the Strait of Hormuz crisis, directly contradicting the de-escalation narrative from the previous window. Multiple high-signal sources (jetstream, GDELT) corroborate that Iran has re-closed the strait, citing failed US negotiations and a naval blockade by enemies. This is immediately followed by a British military report that a cargo vessel was attacked near the strait, damaging containers. Concurrently, India has urgently summoned the Iranian ambassador to demand the resumption of India-bound ship facilitation, indicating severe disruption to global shipping lanes. This renewed aggression nullifies the earlier de-escalation and reintroduces extreme volatility for oil markets, bullish for energy prices and bearish for consumer sectors and shipping. In a separate but significant development, the IMF ranks Canada's fiscal position as the strongest in the G7, noting room for infrastructure and energy spending, which could support Canadian energy and financial sectors. Tech signals are muted, with NVDA noted as 23% off its March low but no breaking catalysts. The Ukraine-Russia oil infrastructure war continues with drone attacks, maintaining separate bullish pressure on oil.