The news. The narrative. The timeline.
Bureau: London
Brent closed at $100 Thursday and met Friday's Hormuz tanker fire; the war-premium bid is back and the $920M Wednesday short timing remains uninvestigated by Treasury or the CFTC.
Day 19 — 32,575 acres, 65 percent contained, exceptional drought, no replacement smoke-forecast capacity, and the Highway 82 Fire 22,471 acres at 75 percent.
Day 10 of Section 6E: Flaming Gorge releases run, August power-pool cliff still looms, and Utah mediation joins Page Utility's 40-to-20 disclosure as the operative reading.
Copernicus Marine: April 2026 SST 21.08°C, second-warmest April after 2024; equatorial Pacific hit 26.99°C — warmest April there ever recorded.
OPEC+'s May 3 communiqué locks in 188 kbpd June for the seven; first call without the UAE; next meeting June 7 with output largely paper while Hormuz holds.