Americas
Qatar Just Took a Fifth of the World’s LNG Offline. America Can’t Fill the Gap.
Iranian drones shut down Ras Laffan, the world's largest LNG export complex. European gas futures surged 54%. US terminals are maxed out with no spare capacity.
Crypto
Iran’s Biggest Crypto Exchange Just Became a War Zone Exit Door
Nobitex outflows surged 700% minutes after US-Israeli strikes on Tehran. Chainalysis tracked $10.3M leaving Iranian exchanges as internet dropped 99%.
Economy
Day Four in Iran. Insurers Have Left the Strait. The Market Hasn’t Priced What Comes Next.
Day four of Operation Epic Fury. Tanker insurers pulled Gulf cover, VLCC rates hit record $423K/day, Brent surged to $85, and the Stoxx 600 lost 5.2%.
Stocks
ISM Prices Just Printed 70.5. The Dollar Rallied. Rate Cuts Didn’t.
ISM Prices Paid surged to 70.5, the highest since 2022. EUR/USD dropped to 1.17, GBP/USD clings to 1.34 as rate cut bets collapse.
Economy
Europe Cut Off Russian Gas Just in Time for the Strait of Hormuz to Close
Europe banned Russian gas weeks before Hormuz closed and Qatar halted LNG. Storage at multi-year lows, prices surging, and no fallback in sight.
Crypto
Bitcoin Bounced to $69K, ETFs Snapped Their Losing Streak, and Iran’s Crypto Lifeline Lit Up All at Once
Bitcoin rebounds to $69,000 on a short squeeze as spot ETFs snap their losing streak with $458 million in inflows and Iranian crypto outflows spike 700 percent.
Americas
Gold Touched $5,400 Before the Fed Trade Killed the Morning
Gold tests $5,400 as Iran war drives haven demand before gains fade on Fed rate hike fears, with central banks holding 863 tonnes bought in 2025 and ETF inflows at a record $89 billion.
Economy
TotalEnergies Just Hit a Record. Europe’s Defense Rally Faded by Lunch.
TotalEnergies hits a 52-week high at €73 as Brent surges 8 percent on Iran war, while European defense stocks rally on €800 billion ReArm Europe spending and 260 percent gains since 2022.
