WS #8888
No material new developments in the last 30 minutes. The dominant themes from the previous synthesis remain unchanged: Ukraine-Russia escalation, US-Iran tensions, and corporate AI spending signals persist without fresh data points or counter-signals.
Key developments
- Ukrainian drones strike St. Petersburg oil terminal on opening day of SPIEF
- Iran failed to get any crude past US blockade in May; 80M barrels stranded
- Tesla China sales surge 39.4% YoY in May to 85,982 vehicles
- OECD warns global economy hinges on Middle East conflict; cuts growth outlook
- US proposes new 10% tariffs on imports from 60 trading partners
- Meta wins partial victory in EU gatekeeper challenge
- Hong Kong's $550B Exchange Fund considers S&P 500 allocation
- Anthropic and OpenAI file for IPOs (S-1/S-1.5)