Too much fire, not enough cease: Iran tightens its grip on global oil trade on eve of peace talks
Everything you need to know before you reach the office this morning.
Good morning. On Fortune’s radar today:
- Markets: Post-rally selloff underway.
- Iran: It’s not going well.
- David Zaslav’s $887 million golden parachute.
- $1 trillion: The amount of capex needed to make AI work.
- Kalshi trading volume hits $3 billion a week.
- Live map shows ships avoiding the Strait of Hormuz.
This story was originally featured on Fortune.com
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