🇨🇳🇺🇸 Goldman Sachs estimates that the US economy will be *twice* more affected (negatively) than the Chinese economy by the oil supply shock.

"The Chinese economy appears better positioned amid the oil supply shock than its global peers [...] Due to the oil shock, our economists have trimmed China's real GDP growth forecast by 20bps compared to 40bps for the US"

🔗 Arnaud Bertrand

🇮🇱🇮🇷⚡️ — A 23-year-old man from Eilat, Ali Gaber, has been indicted for allegedly working with Iranian intelligence and passing sensitive information from Ovda Airbase, where he was employed, according to Israeli Channel 12.

➡️ Prosecutors say he made contact with an Iranian handler via Telegram while searching for work and carried out various tasks, including photographing locations in Eilat, filming inside Ovda Airbase, and documenting nearby routes—in exchange for small payments through PayPal and digital wallets.

➡️ He was also reportedly instructed to capture images of sensitive sites such as security facilities and residential areas while disguising his activities.

➡️ Authorities add that he continued cooperating even after suspecting the contact was linked to Iran.

🇺🇸🇮🇷⚡️ — President Trump told Bloomberg that Iran "wants to settle" and that "the war is going well — unbelievably well."

🇺🇸🇮🇷⚡️ — Republicans are considering cutting federal health care spending to help fund a budget bill that could allocate up to $200 billion for the war in Iran and immigration enforcement, Axios reports.