Daily brief
The yen weakened to 159 against the dollar and oil prices remained high as markets braced for potential U.S. interest rate hikes, with analysts citing the ongoing war and a Saudi warning that oil could spike to $180 if the energy shock persists.
Israeli officials rejected President Trump's claim that he knew nothing about the South Pars gas field attack, while a report stated the war has cost Israel $6.4 billion in 20 days.
The US, Germany, and Canada took down a major botnet infrastructure in a joint cybersecurity operation.
The US issued a 30-day sanctions waiver for the sale of Iranian oil already at sea, and Switzerland halted weapons exports to the US due to the Iran war.
Israeli Prime Minister Netanyahu proposed replacing the Strait of Hormuz with pipelines through Israel for oil and gas transit (ongoing coverage).