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> HORMUZ SHIPPING RESUMES GRADUALLY AS DEAL PROGRESSES
IRAN SAYS THE BLOCKADE OF THE STRAIT OF HORMUZ HAS EASED, WITH A LIMITED NUMBER OF VESSELS ALLOWED THROUGH AHEAD OF THE US‑IRAN DEAL SIGNING, ACCORDING TO DEPUTY FM MAJID TAKHT‑RAVANCHI. SHIP TRACKING AND REPORTS SHOW SEVERAL TANKERS AND CARGO VESSELS TRANSITING IN RECENT HOURS. US OFFICIALS SAY THE WATERWAY IS REOPENING UNDER THE AGREEMENT, WITH FULL NORMALIZATION EXPECTED AFTER FINAL SIGNING AND TECHNICAL IMPLEMENTATION.
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IRAN SAYS THE BLOCKADE OF THE STRAIT OF HORMUZ HAS EASED, WITH A LIMITED NUMBER OF VESSELS ALLOWED THROUGH AHEAD OF THE US‑IRAN DEAL SIGNING, ACCORDING TO DEPUTY FM MAJID TAKHT‑RAVANCHI. SHIP TRACKING AND REPORTS SHOW SEVERAL TANKERS AND CARGO VESSELS TRANSITING IN RECENT HOURS. US OFFICIALS SAY THE WATERWAY IS REOPENING UNDER THE AGREEMENT, WITH FULL NORMALIZATION EXPECTED AFTER FINAL SIGNING AND TECHNICAL IMPLEMENTATION.
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> MOSCOW OIL REFINERY HALTED OPERATIONS AFTER UKRAINIAN DRONE ATTACK ON JUNE 16, SOURCES SAY
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> QATARENERGY IS READY TO RESUME LNG PRODUCTION AT RAS LAFFAN VERY QUICKLY AND REACH FULL PRODUCTION WITHIN ONE MONTH - SOURCE WITH KNOWLEDGE
THE MAIN PROBLEM IS SHIPPING NOT PRODUCTION AND HOW FAST CAN QE BRINGS SHIPS IN - SOURCE WITH KNOWLEDGE
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THE MAIN PROBLEM IS SHIPPING NOT PRODUCTION AND HOW FAST CAN QE BRINGS SHIPS IN - SOURCE WITH KNOWLEDGE
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> BINANCE SET TO LOSE EU LICENCE BID, PERMISSION TO OFFER SERVICES IN THE BLOC, SOURCES SAY — LINK
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> BINANCE TO LOSE PERMISSION TO OFFER SERVICES TO EU CLIENTS AS LICENCE APPLICATION IN GREECE TO BE TURNED DOWN, TWO SOURCES SAY
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> HARRIS DISMISSES TRUMP IRAN DEAL AS “CONCEPT OF AN AGREEMENT”
KAMALA HARRIS TOLD CNN THAT DONALD TRUMP’S IRAN MEMORANDUM IS ONLY A “CONCEPT OF AN AGREEMENT” AHEAD OF ITS EXPECTED FRIDAY SIGNING. SHE CRITICIZED THE CONFLICT AS A “WAR OF CHOICE” AND SAID SHE WOULD NOT HAVE INITIATED WAR WITH IRAN IF ELECTED. HARRIS ALSO WARNED THE US COULD END UP WITH AN OUTCOME SIMILAR TO THE OBAMA-ERA JCPOA, WHICH TRUMP PREVIOUSLY WITHDREW FROM.
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KAMALA HARRIS TOLD CNN THAT DONALD TRUMP’S IRAN MEMORANDUM IS ONLY A “CONCEPT OF AN AGREEMENT” AHEAD OF ITS EXPECTED FRIDAY SIGNING. SHE CRITICIZED THE CONFLICT AS A “WAR OF CHOICE” AND SAID SHE WOULD NOT HAVE INITIATED WAR WITH IRAN IF ELECTED. HARRIS ALSO WARNED THE US COULD END UP WITH AN OUTCOME SIMILAR TO THE OBAMA-ERA JCPOA, WHICH TRUMP PREVIOUSLY WITHDREW FROM.
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> $SPCX - SPACEX OVERTAKES MICROSOFT TO BECOME THE FOURTH BIGGEST COMPANY BY MARKET VALUE
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> SPACEX $SPCX SURPASSES MICROSOFT $MSFT TO BECOME THE FOURTH MOST VALUABLE COMPANY BY MARKET CAP.
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> HORMUZ REOPENING COULD TRIGGER SHORT-TERM TANKER SURGE – KPLER
KPLER SAYS REOPENING OF THE STRAIT OF HORMUZ COULD INITIALLY RELEASE ABOUT 118 TRAPPED LADEN TANKERS, CAUSING A SHARP BUT TEMPORARY SPIKE IN TRAFFIC OVER 10–15 DAYS. RECOVERY SPEED DEPENDS ON HOW QUICKLY NEW VESSELS RETURN. IN A BASE CASE, TRANSITS RISE FROM ~15 PER DAY TO 40 BY MONTH-END, WITH TANKERS MAKING UP AROUND 60%, WHILE A FASTER REBOUND SCENARIO REMAINS UNLIKELY.
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KPLER SAYS REOPENING OF THE STRAIT OF HORMUZ COULD INITIALLY RELEASE ABOUT 118 TRAPPED LADEN TANKERS, CAUSING A SHARP BUT TEMPORARY SPIKE IN TRAFFIC OVER 10–15 DAYS. RECOVERY SPEED DEPENDS ON HOW QUICKLY NEW VESSELS RETURN. IN A BASE CASE, TRANSITS RISE FROM ~15 PER DAY TO 40 BY MONTH-END, WITH TANKERS MAKING UP AROUND 60%, WHILE A FASTER REBOUND SCENARIO REMAINS UNLIKELY.
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> MORE THAN 500,000 OPTIONS CONTRACTS ON SPACEX CHANGE HAND WITHIN FIRST HOUR OF START OF OPTIONS TRADING - TRADE ALERT DATA
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> CITI: BROADER U.S. EQUITY FLOWS, BUT NASDAQ POSITIONING RISK PERSISTS
U.S. EQUITY POSITIONING BROADENED LAST WEEK, BUT CITI WARNS STRETCHED NASDAQ EXPOSURE REMAINS A KEY RISK. SMALL CAPS SAW STRONG INFLOWS, WHILE NASDAQ GAINS WERE DRIVEN BY SHORT COVERING AND NEW LONGS. EUROPE TURNED MORE POSITIVE WITH FRESH BUYING IN EUROSTOXX, DAX AND FTSE, THOUGH SHORT EXPOSURE REMAINS ELEVATED. ASIA SHOWED MIXED-TO-NEGATIVE FLOWS, WITH HANG SENG WEAKENING AND KOSPI SEEING RENEWED SHORTING.
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U.S. EQUITY POSITIONING BROADENED LAST WEEK, BUT CITI WARNS STRETCHED NASDAQ EXPOSURE REMAINS A KEY RISK. SMALL CAPS SAW STRONG INFLOWS, WHILE NASDAQ GAINS WERE DRIVEN BY SHORT COVERING AND NEW LONGS. EUROPE TURNED MORE POSITIVE WITH FRESH BUYING IN EUROSTOXX, DAX AND FTSE, THOUGH SHORT EXPOSURE REMAINS ELEVATED. ASIA SHOWED MIXED-TO-NEGATIVE FLOWS, WITH HANG SENG WEAKENING AND KOSPI SEEING RENEWED SHORTING.
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> IRAN'S QALIBAF IN CALL WITH LEBANON'S NABIH BERRI: THE WAR MUST END ON ALL FRONTS, INCLUDING LEBANON
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> IRAN'S TOP NEGOTIATOR QALIBAF IN CALL WITH LEBANON'S PARLIAMENT SPEAKER: ISRAEL MUST WITHDRAW FROM 'THE OCCUPIED AREAS' IN LEBANON, PEOPLE OF SOUTHERN LEBANON MUST RETURN TO THEIR HOMES
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