WS #6508
No material new developments in the last 30 minutes. The Iran-UAE conflict remains at elevated levels with no new military actions reported. Oil prices are stable around $115/barrel. The Russia-Ukraine ceasefire is ongoing but unchanged. No new economic data or corporate announcements. The situation is stable with no new signals to report.
Key developments
- Iran strikes UAE oil port, US sinks Iranian boats in Strait of Hormuz escalation
- Brent crude surges past $115/barrel on Iran-UAE attack
- Bitcoin breaks $80,000, Circle and Coinbase rally on CLARITY Act progress
- Amazon opens logistics network to third parties, pressuring FedEx and UPS
- ECB's Nagel signals potential June rate hike if inflation doesn't improve
- Fed holds rates steady with 8-4 dissent; Williams sees rates well-positioned
- Russia announces unilateral ceasefire in Ukraine for May 8-10
- GameStop offers $56 billion for eBay