WS #7610
No genuinely new developments in the last 30 minutes. The US-Iran conflict escalation and oil price spike remain the dominant themes, but no new data points or counter-signals have emerged to alter the prevailing narrative.
Key developments
- Drone strike hits UAE nuclear plant; IAEA says no radiation release
- US ships oil to Australia as Strait of Hormuz crisis escalates; WTI at $114.58
- Global bonds extend sell-off on inflation fears
- Tesla raises US Model Y prices, widening margins
- Iran may turn Strait of Hormuz into bitcoin insurance market
- China's Hengyi builds world's largest coal-to-chemicals plant amid Iran oil worries
- Anglo American to sell steelmaking coal ops for up to $3.9 bln
- Harvard University slashed Bitcoin exposure by nearly half in Q1