WS #9798

The dominant narrative remains the Iran-Israel conflict and potential US-Iran deal, but this window contains no genuinely new data points that would move markets. Trump claims the deal signing is imminent, while Iran denies any agreement today. The situation is STABLE with no escalation or de-escalation signals. Other notable items include a Missouri plane crash (12 dead, non-market-moving), Meta capping internal AI token usage (minor negative for AI capex narrative), and SpaceX options set to debut (positive for private market liquidity but no direct US ticker impact). The previous situational awareness correctly assessed no new material developments, and this window confirms that assessment. No high-significance carry-forwards are needed as the Iran narrative remains unchanged and no contradictory signals emerged.