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BREAKING: The United Arab Emirates announces it will withdraw from OPEC.

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VANCE CALLED OFF TRIP TO PAKISTAN: AP

JUST IN: 🇬🇧🇺🇸 BBC says the Trump administration is involved in insider trading.

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Iranian Major General Naqdi: “It may be that if the war continues, it’ll become a world war”

Iran's Parliament Speaker Ghalibaf: Any current traffic through Strait is under our control. If US blockade continues, passage through the Strait of Hormuz will be restricted

Iran is now informing commercial vessels that the Strait of Hormuz is 'completely closed again'.

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🚨 Geopolitical tensions rising again Israeli media reports: Preparations underway for possible resumption of war with Iran (via Al Jazeera). Market impact: • Oil prices volatile — Brent could spike above $100 • Risk-off sentiment in stocks • Gold & safe hav escalation?

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S&P 500 closes at record high of 7,019

🇺🇸 US crude oil exports rose to 5.2 million barrels a day last week, a record high.

Prices, so far today. US crude oil: +10% Brent crude: +8% Gasoline: +5.1% Heating oil: +9.3%

JUST IN: 🇮🇷 Iranian Parliament Speaker says "enjoy" the current gas prices. "Soon you'll be nostalgic for $4–$5 gas."

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