WS #10916

From 500 msgs · 5 key-dev

No material new developments in the last 30 minutes. The Strait of Hormuz situation remains escalated with no new incidents reported. Ukraine drone strikes on Russian refineries continue at a stable pace. Micron's market cap surge and European heatwave are ongoing but unchanged. No counter-signals or de-escalation observed.

Topics

Key developments

  • Fresh hostilities in Gulf suggest US-Iran memorandum crumbling; Saudi nationals killed in Ras Tanura
  • Israeli minister warns of potential deep-strike operations against Iran
  • Ukraine drone strikes hit two Russian oil refineries (Slavyansky and Yaroslavl)
  • Micron briefly surpasses Meta and Tesla in market cap; Wall Street sees it as 'next Nvidia'
  • European heatwave causes 1,000 excess deaths in France; Vienna hits 40°C for first time; second heat dome forecast