WS #5368
No genuinely new market-moving signals have emerged in the last 10 minutes. The dominant narrative remains the Middle East oil supply crisis and related energy/airline impacts, with no material updates or counter-signals to alter the previous assessment.
Key developments
- Iran closes Strait of Hormuz again, triggering fuel panic and oil supply fears
- European aviation fuel shortage warning with systemic shortages predicted in 3-4 weeks
- Ukrainian drone strikes on Russian oil infrastructure costing $100M daily
- Cerebras AI chip IPO with >$10B deals signals massive AI infrastructure investment
- U.S. State Dept announces progress on prisoner release and humanitarian access in Middle East