Closed Saturday puts Hormuz controls, energy deals and AI capacity in focus

U.S. markets were closed, so QQQ and SPY carried Friday's regular closes and neither led. Iran said Hormuz transit still required its approval, while the U.S. imposed Iran-related sanctions on Banque Misr's UAE branches and Venezuela detailed a 25-year oil agreement. Russia prepared a strike on Ukrainian energy infrastructure, as Texas paused new data-center construction and OpenAI reported rapid Codex adoption in Thailand.