WS #7212
No genuinely new material developments in the last 30 minutes. The Iran oil crisis narrative remains dominant and unchanged, with no counter-signals or de-escalation signals detected. All previously reported items (Kashkari comments, EIA data, Senate vote, yield move, Gulf meeting, Ford, Fervo, Akamai, Plug Power, Nvidia) are stale and not repeated.
Key developments
- Fed's Kashkari says Iran conflict has 'upended' inflation environment; Hormuz closure could have prolonged effects
- EIA: Hormuz oil flows fell nearly 30% last quarter
- Senate rejects Iran War Powers Resolution for seventh time (49-50)
- Trump-Xi summit: China may demand Taiwan concessions in exchange for help on Iran
- Ford shares soar on Morgan Stanley bullish call on energy storage business
- Fervo Energy pops 33% in IPO debut, valuation surpasses $10B on AI data center demand
- Nvidia hits record high, Nasdaq 100 rises despite hot PPI
- Akamai shares rise after Q1 beat on cloud/AI demand