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Bureau: London
WTI near $91-93 and Brent below $95 for a second straight session despite an active naval blockade — markets are pricing peace optionality, not escalation.
A mid-April heat dome is pushing Philadelphia toward 90°F — records from the 1940s are falling as climate reshapes what April means in the eastern US.
FAO says prolonged Hormuz closure risks a food catastrophe — 30% of world fertilizer moves through the strait.
The coastal fog belts feeding millions in Chile, Morocco, and Africa could vanish as warming accelerates — a water crisis hiding in plain sight.
War risk premiums in the Gulf remain at 35–50 times pre-war levels; oil prices have eased on peace signals, creating a visible split between two industries reading the same war differently.