Monitoring The Situation
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Monitoring High Risk Conflicts, learning with community, Major Updates, with personal frustration & views

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IRGC: U.S. violated the ceasefire by targeting an Iranian oil tanker, as well as another ship that was entering the Strait of Hormuz. At the same time, they launched airstrikes. In response, the armed forces of the Islamic Republic of Iran immediately attacked American military ships east of the Strait of Hormuz and south of the port of Chabahar, causing significant damage to them.

(Sort of stopped from threatening a retaliation strike imo, maybe can take a win with launching missiles at US warships maybe it was peace strikes from both sides)

US retaliated for UAE strikes and Iran for US strikes, show over gn)
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TRUMP SAYS RETALIATORY STRIKES AGAINST IRANIAN TARGETS ARE JUST A "LOVE TAP."
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FYI: The oil tanker Iran seized 'The Ocean Koi' is under U.S. sanctions and belongs to the Iranian own dark fleet
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US MILITARY CARRIED OUT MORE AIRSTRIKES TODAY HITTING SEVERAL EMPTY TANKERS TRYING TO BREAK THE BLOCKADE- FOX
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[S&P 500 ON TRACK FOR ITS SIXTH STRAIGHT WEEK OF GAINS AFTER SIGNS OF LOVE TAP ATTACKS BETWEEN IRAN AND U.S AS A WAY TO CELEBRATE THE END OF THE WAR- SOURCES
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Vice President Vance is meeting now with the Prime Minister of Qatar to discuss the negotiations with Iran. The Qataris are a key back channel between the U.S. and Iran in the negotiations on the agreement to end the war, U.S. official says: Axios
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A majority of investors said they expect traffic on the strait to return to normal by the end of July or later, the Goldman Sachs Marquee MarketView poll found. Four in 10 of the institutional clients surveyed said they don’t expect traffic through the Hormuz to return to normal until after July.

Some 18% of those surveyed said they expect Brent crude prices to be $100 a barrel—or higher—by the end of the year. About one quarter said they projected prices to be between $90 and $100 by the end of 2026, and 33% estimated oil would be between $80 and $90. On Thursday, futures for Brent crude settled at $100.06 a barrel. The poll surveyed 837 institutional clients of Goldman Sachs from May 4 to May 6.
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24hr old: Executives across retail, restaurants and packaged goods are increasingly worried about US shoppers with tighter budgets amid surging gas prices caused by the conflict in the Middle East.

'They're literally running out of money at the end of the month," Kraft Heinz Co. Chief Executive Officer Steve Cahillane said in an interview this week. "We're seeing negative cash flows in the lower-income brackets where they're dipping into savings.

The company Whirlpool Sinks After Slashing Earnings Forecast in Half (1) the resulting 15% hit to industry demand as similar to the global financial crisis in the aughts.

Whirlpool announced a 10% price hike in April, its largest in a decade, and said that a separate 4% price increase will happen in July to address “multiyear inflationary cost pressures”.

Marc Bitzer, the CEO, said on Thursday that the North American slide in sales has a precedent.

“This level of industry decline is similar to what we have observed during the global financial crisis and even higher than during other recessionary periods,” he said during a conference call.
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