WS #5757

The data window shows escalating geopolitical tensions in the Middle East, with Israeli Defense Minister Katz stating Israel is prepared to renew war against Iran and is waiting for an American green light. This follows the ongoing Strait of Hormuz crisis and oil prices above $100/barrel. The IEA chief warns that 13 million barrels a day are gone, calling it the biggest energy security threat in history. Japan has asked Saudi Arabia for more oil supply, and Shell's Pernis refinery is running on 'max jet mode' to produce jet fuel amid supply crunch concerns. Hapag-Lloyd CEO says Middle East developments will not accelerate return to Suez Canal, indicating prolonged shipping disruptions. On the positive side, the US is nearing a loan to rescue Spirit Airlines (SAVE) of up to $500 million, which could provide a lifeline. Regeneron (REGN) reached a deal with the Trump administration to lower drug costs and won FDA approval for its gene therapy for deaf children. Hasbro (HAS) beat on revenue with strong forward guidance. However, Microsoft (MSFT) is experiencing a wave of executive departures, signaling internal pressure. NATO selected Saab-Bombardier GlobalEye over Boeing for its next-generation AWACS fleet, a multi-billion dollar loss for Boeing (BA). A fire erupted at a Transneft pumping station following a drone attack, adding to energy supply risks. The Strait of Hormuz is also a digital infrastructure chokepoint, with 95% of global internet data flowing through underwater cables now under Iranian control, posing a risk to tech and internet infrastructure stocks.