WS #8131

The dominant signal in this window is the US-Iran peace deal narrative, which is showing signs of internal political friction. Trump told negotiators 'not to rush' into a deal (BBC), but a tanker carrying LNG from the UAE to India transited the Strait of Hormuz for the first time since the war began, suggesting de facto reopening despite no formal announcement. However, Republican Senator Ted Cruz publicly questioned the emerging deal terms, and a Trump adviser dismissed Cruz as a 'clown', indicating potential domestic political headwinds. The Ebola outbreak in DR Congo is escalating, with suspected cases passing 900 and health workers facing attacks, but global spread risk remains low. Israeli strikes killed six in southern Lebanon amid fresh evacuation orders, escalating the Israel-Hezbollah front. China called for global isolation of Israel. A chemical tank fire in Garden Grove, California is ongoing. BofA warned AI stock mania is nearing historic extremes, a potential bearish signal for tech. The bond market alarm bells ring as SocGen's Albert Edwards warns of echoes of 2007. Overall, the Iran deal progress is a bullish counter-signal to the oil supply crisis, but domestic political opposition and continued Israeli-Lebanon violence introduce uncertainty.