Fortune
Markets are jittery as the global oil crisis bleeds into a global debt selloff, while Trump weighs new military options on Iran
Global markets are rattling as surging oil prices from the Middle East crisis spill into a broad debt selloff, unnerving investors already on edge. Trump's escalating rhetoric toward Iran — warning the regime will be "hit much harder" if a deal isn't reached — is adding a geopolitical premium to the uncertainty. With the president signaling military options are on the table, traders are bracing for further volatility across asset classes.
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Fortune
Supply shocks weren’t random. They were strategic—and should be seen as ‘supply coercion’ instead, former Fed official says
The supply disruptions that rattled global economies weren't accidental byproducts of pandemic chaos — they were deliberate acts of economic leverage, according to a former Federal Reserve official who argues the term "supply shock" dangerously understates what actually happened. Reframing these events as "supply coercion" shifts the analysis from bad luck to bad actors, with significant implications for how policymakers respond. If the world has permanently changed, central banks and governments need tools built for conflict, not recovery.
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