• Brent crude hits a six-month high of $116.13, while WTI climbs to $102.56.

  • Trump hints at fresh strikes on Iran, while Tehran says its military is ready for war.

  • Houthi attacks kill four people in Saudi Arabia, forcing Aramco to evacuate its headquarters.

  • US stocks tumble on AI fears, with the Nasdaq falling 5% and the 10-year Treasury yield below 5%.