WS #6399
No material new developments in the last 30 minutes. The dominant narratives (Spirit Airlines collapse, oil supply disruption, US troop withdrawal, trade tariffs) remain unchanged with no counter-signals or de-escalation.
Key developments
- Spirit Airlines ceases operations after bailout fails, all flights cancelled
- US withdraws 5,000 troops from Germany; NATO warns of alliance strain
- Trump announces 25% tariffs on EU vehicles, escalating trade war
- Iran drafts legislation to regulate Strait of Hormuz, barring Israeli-linked ships
- OPEC+ agrees to symbolic 188,000 bpd increase for June; UAE exits OPEC+
- China orders non-compliance with US sanctions on five firms importing Iranian oil
- Berkshire Hathaway reports record $397 billion cash, strong Q1 operating profit
- Amazon beats Q1 earnings with AWS growth 28% YoY, AI chip business surpasses $20B run rate