BOTTOM LINE: The score is sitting at negative 16, marked as NEUTRAL, which would normally align with a mild pullback setup similar to 2025-10-29. But the news picture has shifted materially. Iran has halted petrochemical exports, US-Iran conflict is actively disrupting UAE Fujairah marine fuel sales, and oil's price signal has broken down amid geopolitical friction. The pattern is broken until things settle down.

SECTOR BREAKDOWN:

• Energy: Strong -- Iran halting petrochemical exports and US-Iran conflict spiking oil prices creates immediate tailwinds for crude and integrated energy plays. TotalEnergies flagged earnings boost from trading strength and higher oil prices. This is the clear winner today.
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