WS #10717
Iran struck a ship in the Strait of Hormuz, but overall risk is easing; crude oil prices falling (WTI ~$69.81, Brent <$77) while gasoline holds $3.85-$3.93, creating a crude-policy spread. Venezuela earthquakes cause estimated 1-7% GDP loss, with IMF $200M fund announced for reconstruction. Pentagon updated targeting doctrine to allow greater AI role in military targeting, signaling increased defense AI adoption.
Strait of Hormuz De-escalation and Oil Market
Iran struck a ship in the Strait of Hormuz, but overall risk is easing; crude oil prices falling (WTI ~$69.81, Brent <$77) while gasoline holds $3.85-$3.93, creating a crude-policy spread.
Venezuela earthquakes cause estimated 1-7% GDP loss, with IMF $200M fund announced for reconstruction.
Pentagon updated targeting doctrine to allow greater AI role in military targeting, signaling increased defense AI adoption.