Oil down, expectations up
Oil has slipped below $100 after Iran hinted it may ease passage through the Strait of Hormuz, while reports of U.S. President Donald Trump’s 15‑point plan have markets searching for a turning point — despite little clarity on what it actually involves. We look at how a Reuters/Ipsos poll showing Trump’s approval at a new low fits into the wider market mood. Plus, what new business surveys reveal about how the real economy is absorbing the energy shock.
Today’s recommended read: Gulf war rattles petrodollar foundations, Mike Dolan
Subscribe to Mike Dolan's Morning Bid newsletter, and check…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.