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Ukrainian drone strikes on a Black Sea terminal have suspended most of Kazakhstan's oil exports, a neutral nation bearing outsized costs as Brent tops $100.
David Rosenberg abandoned his long-held 30-year Treasury bet as yields near decade highs, a bond-market signal on Kevin Warsh's Fed before Wednesday's rate call.
Ukraine's Caspian Sea strikes on Iranian military shipping killed a sailor and exposed years of drone supplies to Russia, testing a fragile new US-Iran calm.
Stock futures rallied and oil dropped nearly 5% on a US-Iran pause that leaves out Ukraine, whose Caspian Sea strike on Iranian shipping threatens the calm.