The breakthrough in tensions between the U.S. and Iran has thrown a lifeline to global markets, but top brokerages warn that normalizing energy flows through the Strait of Hormuz will be a slow, multi-month marathon.

Analysts from Goldman Sachs project that oil flows will likely recover to only about 70% of pre-war levels in the immediate aftermath, while industry giants like Aramco note that complete market rebalancing will stretch deep into the year. The road to recovery faces a bottleneck of severe physical and operational constraints.

#straitofhormuz #oilcrisis #wion

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Israel continues to pound the Gaza Strip with increased intensity the ongoing military offensive continues to flatten Southern Gaza. Over 90% of Gaza’s 2.3 million civilians stand displaced.

#israelpalestineconflict #gaza #latestnews

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Hurricane Milton has caused significant destruction in Florida. Insured losses are now estimated between $30 and $50 billion. Fitch ratings, in a report published Thursday, notes that this adds to the mounting strain on the state’s insurance market, which has already surpassed $100 billion in total losses for 2024.

#hurricane #milton #economy

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Tensions have reached a dangerous peak after Russian Foreign Minister Sergey Lavrov dialled US Secretary of State Marco Rubio about its call to evacuate all diplomats and foreign citizens from Kyiv ahead of systematic strikes on decision-making centers. While Russia prepares a massive aerial campaign following intense weekend barrages, delegations from the European Union, France, and Poland are refusing to leave the capital. This comes days after Russia unleashes nuclear capable Oreshnik missile on Ukraine. Watch how this terrifying standoff is pushing the continent to the absolute brink.

#russiaukrainewar #kyiv #missile #wion #putin

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Usha Vance has offered her most candid explanation yet on why she never converted to Christianity despite her husband, US Vice President JD Vance, embracing Catholicism. Speaking about her upbringing, Usha said she grew up in a “stable Hindu household” and never felt compelled to abandon the faith and traditions she was raised with.

The remarks come months after renewed public interest in the couple’s interfaith marriage, following JD Vance’s comments that he hoped his wife might one day share his religious beliefs. Usha pushed back on assumptions surrounding their relationship, saying many people misunderstood the nature of their discussions about faith.

#usa #jdvance #religion #interfaithmarriage #politics #christianity #wion

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