WS #14167

The dominant US-Iran/Hormuz narrative remains in escalation with no counter-signals or de-escalation. No new data points on Apple, Tesla, or macro indicators. The situation is stable relative to the previous synthesis. This window carries 6 key development(s), 3 at significance:high: Trump reiterates plan to declare Strait of Hormuz US territory; Iran rejects; US oil reserves at 40-year low; gas prices hit record high for late summer; Anthropic Q2 revenue surges 1361% YoY, prepares for largest IPO ever. A further 3 development(s) sit below significance:high.