WS #5766

From 80 msgs · 5 key-dev

The Iran-US conflict in the Strait of Hormuz escalates sharply. President Trump ordered the US Navy to 'shoot and kill' Iranian small boats laying mines, and the US seized another Iranian oil tanker. Iran's air defenses were activated in Tehran, and Iranian Parliament Speaker Ghalibaf stepped down from the negotiating team, signaling a hardliner shift. Oil prices remain elevated near $100/barrel. Separately, software stocks plunged on ServiceNow and IBM results, with AI disruption fears escalating. The White House is reviewing an SEC bid to ease share-offering disclosures, which could impact equity markets.

Key developments

  • Trump orders US Navy to 'shoot and kill' Iranian boats laying mines in Strait of Hormuz
  • Iranian Parliament Speaker Ghalibaf steps down from negotiating team, hardliner replacement expected
  • Software stocks plunge on ServiceNow and IBM results; AI disruption fears escalate
  • White House reviewing SEC bid to ease share-offering disclosures
  • US seizes another Iranian oil tanker in Indian Ocean