WS #9223
No material new developments in the last 30 minutes. The dominant narrative remains the escalating Israel-Hezbollah conflict with no counter-signals or de-escalation. Other themes (OPEC+, Bitcoin ETF outflows, OpenAI) are stable with no new data points.
Key developments
- Israel strikes Beirut suburb days after US-brokered truce, killing two
- OPEC+ approves fourth straight quota increase of 188,000 bpd for July, but Strait of Hormuz blockade limits actual output
- OpenAI plans super app to compete with Anthropic; Microsoft reportedly cutting Claude contract
- IATA slashes 2026 airline profit forecast by nearly half to $23B due to Iran war and fuel costs
- Iran warns neighbors against allowing US attacks from their territory