WS #8194

The US-Iran peace deal narrative remains STABLE but with hardening positions. Iran's Supreme National Security Council reiterated 'no surrender/retreat' (multiple sources), and a new detail emerged: Iran is demanding transfer of highly enriched uranium to China (Al-Arabiya via Bluesky). This keeps oil prices elevated, benefiting energy stocks (XOM, CVX) while pressuring airlines (DAL, UAL). The Strait of Hormuz remains a key friction point. Separately, a Palantir insider sold $24.5M in stock, a bearish signal for PLTR. The California chemical tank risk has been eliminated, removing a potential local disruption. Russia announced systemic strikes on Ukraine's military-industrial facilities, escalating the conflict. Israel launched airstrikes on Tyre, Lebanon, adding to regional tensions. Pope Leo's AI encyclical is unlikely to materially impact tech stocks near-term. Ethereum Foundation restructuring (Buterin stepping back, less ETH sales) is a minor positive for ETH sentiment.