S&P 500 ▲ 7,173.91 · Brent ▼ $102.68 · Gold ▲ $4,680.30 · VIX ▼ 18.0 · 10Y UST ▲ 4.34%
Nine weeks into the Iran–US war, no ceasefire framework exists between the parties. Tehran submitted a phased Hormuz proposal through Oman; Rubio rejected it within hours; Araghchi flew to St. Petersburg. Brent has closed above $108 for six consecutive sessions. Friedr…