πΈπ¦ World's largest oil company Saudi Aramco cuts production at two oil fields, Reuters reports.
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πΊπΈ Over $900 billion wiped out from US stock market at open.
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π¨ $700,000,000,000 wiped out from US stock market today.
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G7 official says energy ministers meet Tuesday and leaders later this week, with leaders likely deciding on oil reserve releases as timing and analysis are still needed.
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πΊπΈ Anthropic sues US government after being labeled a national security risk.
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EU warns long Mideast war risks 'stagflationary shock' to world economy.
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Putin says the Strait of Hormuz is effectively closed.
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Russia ready to supply energy to Europe if it asks.
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$4.8 trillion JPMorgan says the S&P 500 could fall by 10%.
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π¨ Sweden urges citizens to keep a weekβs worth of cash at home in case of major global crises.
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π¦πͺ Dubai real estate crashes 20% since last month.
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π₯ GTA VI scheduled to be released this year on International Men's Day.
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πΊπΈ President Trump considers taking over Strait of Hormuz, opening access to oil routes.
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One of the most violent single-day reversals the market has seen in decades.
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Saudi Arabia, UAE, Kuwait, and Iraq cut oil by 6,700,000 barrels per day, 33% of total production.
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Trump flips the markets
Donald Trump said overnight that the conflict with Iran is βalmost completely overβ and hinted at easing some sanctions on the oil sector.
Markets reacted immediately:
β’ Bitcoin jumped above $71K
β’ Oil prices dropped sharply from $120 to around $90
However, Iran warned that if attacks continue, it wonβt allow a single liter of oil to be exported from the region, raising the risk that tensions β and market volatility β could quickly return.
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π¨ β©255,340,000,000,000 has been added to the Korean stock market today.
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Chinaβs exports surge 21.8% year-on-year in first two months of 2026, reaching USD 656.58 billion and significantly exceeding market expectations of around 7%.
This sharp accelerationβmarking the fastest growth since late 2021βdrove the country's trade surplus to a record $213.6 billion for January-February, up notably from the prior year.
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πΊπΈ The U.S. Treasury is projected to buy back $15 billion of its own debt today.
The largest Treasury buyback in history.
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