Woofun AI reports that the US-Iran conflict has intensified with Iran suspending nuclear deal memorandums and threatening full-scale attacks following nine nights of US airstrikes. Iranian media claims shipping in the Strait of Hormuz has halted, prompting Iraq to use alternative export routes via Syria, though these remain vulnerable to infrastructure disruption. Iran has also identified Middle Eastern AI infrastructure, including data centers and power grids, as potential targets, linking energy costs to AI industry valuation logic.

Meanwhile, Federal Reserve Chairman Warsh advocates for reduced forward guidance, leading to increased market pricing for a 25 basis point rate hike in September or October. Investors are monitoring the restoration of Hormuz shipping, potential Malacca Strait blockades by Houthi rebels, and US bond yields ahead of the July FOMC meeting. Persistent energy risks and elevated two-year Treasury yields may continue to pressure global risk appetite for tech and high-leverage assets.