Market volatility remains tethered to Middle East instability, where the conflict between the U.S. and Iran and ongoing disruptions in the Strait of Hormuz continue to drive energy prices and bolster earnings for oil majors like BP and Saudi Aramco. While oil markets react to the 'last chance' warnings regarding U.S.-Iran negotiations, the broader corporate sector is experiencing a divergence between AI-driven performance and regulatory headwinds. Amazon reached a $3 trillion market cap and Grab raised forecasts fueled by AI integration, yet tech firms face increasing scrutiny, exemplified by Apple's trade secrets injunction against OpenAI and the ongoing legal challenge against the Trump-Vance administration’s TANF data-sharing policy. Concurrently, the aviation sector saw a significant regulatory milestone as the FAA certified Boeing’s 737 Max 7, while concerns over public health emerged as two deaths were linked to the largest cyclospora outbreak in U.S. history.