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HORMUZ CLOSURE COULD REMOVE 100M BARRELS WEEKLY, SAYS ARAMCO CEO
Saudi Aramco CEO Amin Nasser warned that a continued closure of the Strait of Hormuz could cut global oil supply by about 100 million barrels per week.
He said the market has already lost around 1 billion barrels due to the disruption, partly offset by alternative routes and reserves.
Nasser called it the biggest energy supply shock ever, noting the crisis could delay full market normalization until 2027 if it drags on.
Aramco is expanding non-Hormuz export routes, including its Red Sea terminal, to improve resilience as the conf

HSBC raised its S&P 500 year-end 2026 target from 7,500 to 7,650 points.
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MONDAY'S BREAKING NEWS
USD| U.S. Existing Home Sales

Time: 17:00
Effects: High
Previously: 3.98M
Forecast: 4.05M
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GMT+3
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TRUMP: I have just read the response from Iran's so-called "representatives." I don't like it — totally unacceptable.
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IRAN’S 10-POINT MESSAGE ON THE PERSIAN GULF & STRAIT OF HORMUZ
• US military presence is described as the main source of instability.
• American bases are portrayed as unable to secure themselves.
• Iran says the Gulf’s future should be free from US influence.
• Tehran emphasizes a “shared destiny” with Gulf neighbors.
• Foreign powers are declared unwelcome in the Persian Gulf.
• Iran frames its growing influence as part of a new regional order.
• Control of the Strait of Hormuz is presented as key to security.
• Iran says it wants to end “hostile exploitation” of the Strait.
• New rules and

IRAN’S DELAY GAME IS OVER (Truth Social)
“For 47 years, Iran has stalled, attacked, and manipulated the United States and the world. Under Obama, they gained billions in cash and new power while America weakened its alliances. Iran believed it could keep exploiting weak leadership and harming innocent people without consequences. Those days are over. President Donald J. Trump.”
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TRUMP: Iran has been playing games with the US and the rest of the world for 47 years.
TRUMP: They will be laughing no longer.
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Iran's army spokesperson says if the enemy attacks Iran again, it will be 'surprised' by new weapons, new methods of warfare, and new arenas of war – Tasnim
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OIL MARKET ON EDGE AS IRAN STALLS
Iran has yet to respond to a US plan to end 10 weeks of war and reopen the Strait of Hormuz, keeping global oil markets under pressure.
President Donald Trump warned the US could “go a different route” if Tehran rejects the deal, which would reopen shipping lanes in exchange for easing sanctions.
Saudi Aramco CEO Amin Nasser said even if Hormuz reopened now, oil markets would take months to recover — and disruptions lasting weeks could delay normalization until 2027.
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An Iranian military spokesperson stated that, from now on, countries that follow the United States in imposing sanctions on Iran "will face difficulties when passing through the Strait of Hormuz."
The report quoted the Iranian military spokesperson as saying that, under the current situation, the Iranian army continues to improve its combat capabilities and training system, and has revised its existing military deployments. As the conflict continues, the Iranian armed forces have "successfully controlled the situation" and are able to continue military operations.
The so-called "blockade of Ir

TRUMP: Expecting response from Iran soon.
TRUMP: Could be a longer ceasefire than 3 days between Russia-Ukraine.
TRUMP: Might move troops leaving Germany to Poland.
TRUMP on Hanta virus: We seem to have things under control.
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TRUMP: Expecting response from Iran soon.
TRUMP: Could be a longer ceasefire than 3 days between Russia-Ukraine.
TRUMP: Might move troops leaving Germany to Poland.
TRUMP on Hanta virus: We seem to have things under control.

There are currently 12 stocks in the S&P 500 that have more than DOUBLED so far in 2026
Here is respectively:
Sandisk 537%
Intel +236%
Seagate +183%
Western Digital +174%
Micron +157%
Lumentum +142%
Ciena +134%
Corning +115%
Vertiv +112%
Comfort Systems +109%
AMD +109%
DELL +104%
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🟥 Efforts to end the war between the U.S. and Iran appeared to stall ​as the two sides traded fire in the Gulf on Friday, while a U.S. intelligence analysis concluded Tehran could withstand a naval blockade ‌for another four months.
The CIA assessment also concluded that the U.S. bombing campaign of Iran, hailed as a success by U.S. President Donald Trump, has also failed to force Iran's leaders to capitulate, according to a U.S. official familiar with the analysis, which was first reported by the Washington Post.#GateSquareMayTradingShare