UK FINANCE MINISTER REEVES CALLS IN BANK CHIEFS FOR TALKS AMID DEEPENING IRAN WAR FALLOUT - SKY NEWS

IRAN'S PRESIDENT PEZESHKIAN SAYS U.S. PRESIDENT TRUMP HAS NO JUSTIFICATION TO DEPRIVE IRAN OF ITS NUCLEAR RIGHTS - ISNA

IRAN'S TOP NEGOTIATOR QALIBAF TELLS STATE TV: WE HAVE HAD PROGRESS IN NEGOTIATIONS WITH THE U.S. BUT THERE IS STILL A BIG DISTANCE

@Xiuying @gave_vincent Never

FASTEST MARKET COMEBACK IN YEARS: AI LEADS THE CHARGE The S&P 500 has completed one of the fastest round trips in recent history, moving from a near correction of about 9 percent to a new all time high in just 54 trading days. The rebound from the bottom to a new high took only 11 days, making it the fastest recovery from a drawdown of this size since at least 1990. The rally is being driven by a narrow group of sectors tied to artificial intelligence spending: Semiconductors Media and Internet Hardware These areas are leading the market higher, while software continues to lag behind the broader technology sector. The move reflects a sharp shift back into artificial intelligence themes after the earlier market decline. Investors are focusing on companies that benefit from infrastructure and capital spending linked to AI. Key takeaway: The speed of the recovery shows strong demand for AI related assets, but leadership remains concentrated in a few sectors.

@gave_vincent When you’re up 30% YTD, you won’t tell anyone, but there’ll be signs.

Here’s how Mehdi Tabatabaei, spokesperson for the Iranian president’s office, explains the reasoning behind closing the strait: “Iran enabled conditional passage through the Strait of Hormuz as a demonstration of its goodwill and peaceful intentions. With repeated breaches of trust and exploitation of this great concession for propaganda purposes, the strait was blocked again.”

*IRAN IRGC SAYS SHIPS SHOULDN'T MOVE FROM ANCHORAGE: STATE TV

IRAN REVOLUTIONARY GUARDS NAVY SAYS STRAIT OF HORMUZ CLOSED AS OF SATURDAY AFTERNOON UNTIL THE US BLOCKADE AGAINST IRANIAN VESSELS IS LIFTED - STATEMENT CARRIED BY IRANIAN MEDIA

$TSLA - TESLA: ROBOTAXI NOW ROLLING OUT IN DALLAS & HOUSTON

IRAN REVOLUTIONARY GUARDS NAVY LOCAL COMMANDER IN STRAIT OF HORMUZ SAYS US NAVY WILL RECEIVE A 'HARD BLOW' IF IT ATTACKS IRANIAN VESSELS - STATE TV

IRAN REVOLUTIONARY GUARDS NAVY SAYS VESSELS AND THEIR OWNERS, SHOULD FOLLOW NEWS ISSUED BY IIRGC NAVY, SAYS STATEMENTS BY US PRESIDENT TRUMP OM STRAIT OF HORMUZ 'HAVE NO VALIDITY' - STATEMENT

IRAN'S TOP NEGOTIATOR SAYS U.S. BLOCKADE 'AN IGNORANT DECISION' AS IMPOSSIBLE FOR OTHERS TO BE ABLE TO PASS THROUGH THE STRAIT OF HORMUZ BUT NOT IRAN

IRAN REVOLUTIONARY GUARDS NAVY ORDERS VESSELS NOT TO MOVE FROM  ANCHORAGE IN GULF, SAYS APPROACHING STRAIT OF HORMUZ WILL BE CONSIDERED COOPERATION WITH 'ENEMY' - IRANIAN MEDIA

The US military is preparing in the coming days to board Iran-linked oil tankers and seize commercial ships in international waters, the WSJ reported, citing US officials it didn’t identify.

U.S. MILITARY PREPARES TO BOARD IRAN-LINKED SHIPS IN COMING DAYS, OFFICIALS SAY- WSJ

HORMUZ REOPENS—THEN SHUTS AGAIN Shipping briefly resumed in the Strait of Hormuz Saturday before Iran warned the route was closed, triggering U-turns. Twelve ships exited early (half Iran-linked) and only three entered. The supertanker FPMC C Lord led departures with 2 million barrels of crude. Soon after, at least nine tankers and four CMA CGM container ships turned back. The reversal came hours after signs of reopening, as U.S. restrictions and Iran’s response plunged the corridor back into uncertainty.

TOUGH TALKS WITH IRAN President Donald Trump said Saturday that the U.S. is having “very good conversations” with Iran and expects updates by the end of the day. He emphasized a firm U.S. stance, rejecting any attempts at pressure over the strait and warning that Iran “can’t blackmail” the United States.