Hormuz Crossings Jump 27 Percent Even as Permit Freeze Persists
CENTCOM calls the strait open and Iran's permit office says otherwise; CNN's UKMTO tally shows traffic recovering while the biggest owners stay formally out.
Business
Goldman and Nomura Doubt Treasury's Bigger Buybacks Hold Yields
Wall Street's rate desks doubt the doubled buyback caps yields while bond X calls Treasury's maneuver fiscal dominance arriving in daylight.
War-Risk Premiums Hold Their Ground as Hulls Return
Energy X reads the transit rebound as normalization; marine underwriters still price a conflict zone, and the premium tape refuses to confirm either side.
Wine, Hockey Gear and Handbags Land in Tariff Basket
Washington sells enforcement and leverage; Canadian desks count shelf prices — the $20B list is a furniture-and-wine story wearing a trade-war suit.