WS #6262
No material new developments in the last 30 minutes. The Iran conflict narrative remains escalated with oil at $126/bbl, but no new escalation or de-escalation signals emerged. ECB rate decision and Fed policy uncertainty persist as background noise. No counter-signals or non-dominant-narrative developments detected.
Key developments
- Brent crude surges to $126/bbl as US military to brief Trump on new Iran strike plans
- Fed holds rates 8-4, most divided since 1992, with hawkish dissent
- Meta Q1 DAU declines for first time, capex raised to $125-145B, stock drops ~7% after-hours
- SoftBank plans $100B valuation AI spinout 'Roze' for US IPO
- UAE to leave OPEC, potentially weakening cartel