WS #14248

The US-Iran conflict narrative remains dominant and unchanged, with no counter-signals or de-escalation observed. Oil prices and market conditions are stable relative to the previous synthesis. This window carries 5 key development(s), 4 at significance:high: Iran rules out extending 60-day MOU, threatens offensive shift as Hormuz traffic nears zero; Trump threatens to bomb Oman over Hormuz interference, escalating regional tensions; Anthropic Q2 revenue surges to $11.5B, fueling AI infrastructure rally; Nvidia launches $500B compute financing platform with six asset managers, invests $1.5B in SB Energy. A further 1 development(s) sit below significance:high.