WS #6535
No material new developments in the last 30 minutes. The US-Iran conflict narrative remains unchanged with no de-escalation signals. No counter-signals or non-dominant-narrative developments detected.
Key developments
- Iran attacks UAE oil port and vessels in Strait of Hormuz; US destroys Iranian boats
- Brent crude surges 5.8% to $114.44/barrel; WTI tops $105
- US stock futures flat after Dow drops 557 points on Middle East escalation
- Spirit Airlines shuts down operations, cites fuel cost surge from Middle East conflict
- Meta taps Morgan Stanley, JPMorgan for El Paso data center deal
- Apple CEO warns of 'RAMmageddon' due to AI-driven memory shortages
- US Treasury to borrow $189B in Q2, $79B above February estimate
- Pinterest forecasts Q2 revenue of $1.133B-$1.153B, targets ~29% EBITDA margin