WS #6189
No material new developments in the last 30 minutes. The oil supply crisis narrative remains dominant with no counter-signals or de-escalation. No new data points to alter the prevailing market view.
Key developments
- Oil prices rise 3% as Hormuz blockade persists, UAE OPEC exit fails to offset supply fears
- World Bank warns energy prices could surge 24% in 2026 due to Middle East war
- OpenAI misses growth targets, triggering AI stock selloff
- Starbucks raises full-year outlook, shares jump 5% after hours
- Robinhood Q1 miss sends shares down 9% after hours
- US gasoline prices hit four-year highs
- US consumer confidence edges up to 92.8 but remains weak; Michigan sentiment at record low 49.8
- Gold falls 2% to four-week lows on inflation fears