TRUMP ON TRUTH SOCIAL: PEACE THROUGH STRENGTH, TO PUT IT MILDLY!!!

Over 40 Middle East energy assets have been “severely or very severely” damaged, International Energy Agency chief Fatih Birol said, prolonging global supply disruptions. The conflict has nearly closed the Strait of Hormuz, pushing crude, gas, and fuel prices higher. Birol warned that oil, gas, and key commodities like petrochemicals, fertilizers, sulfur, and helium face interrupted trade, hitting the global economy. Asia, heavily reliant on regional crude, is most exposed, and export restrictions may draw international criticism.

EUROPEAN INDEXES CLOSED MOSTLY HIGHER ON MONDAY, DAX +1.18%, CAC 40 +0.79%, EURO STOXX 50 +1.36%, FTSE 100 -0.15%, IBEX +1.15%, FTSE MIB +0.91%