Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Jim Edwards

Markets in meltdown after Trump threatens major escalation in the war against Iran

Donald Trump Iran
(Credit: Photo by Chip Somodevilla/Getty Images)

Good morning. In today’s Fortune:

  • The war: Oil is at $113 and markets are in meltdown as Trump threatens to escalate the war in Iran tonight if Tehran doesn’t reopen the Strait of Hormuz. In response, Iran has threatened to start taking out its neighbors’ water supplies. The damage to the oil market is greater than that of 1974 and 2022 put together, the IEA says.
  • Exclusive: Supermicro’s dark history of smuggling chips to Iran.
  • AI isn’t replacing as many jobs as you’d think.
  • Tim Cook’s likely successor at Apple.
  • Aye, robot! Mark Zuckerberg is building an AI agent for himself.
Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Khloe Kardashian feared Lamar Odom reality show could 'jeopardise family brand'
Khloe Kardashian feared Khloe and Lamar could "jeopardise the family brand" but her then-husband pushed for the show.
BANG Premier
BANG Premier
“I laughed my head off! Like, ‘Oh my God, what have we spawned?’” Keith Richards shares his response to the Sunset Strip shredders of the 1980s
Richards never had any interest in becoming a lead player – and the early innovators of the shred movement did not change his mind
Guitar World
Guitar World
“A few years ago, I decided, ‘I'm just going to play trumpet every day, no matter what. And after a couple of years of doing it, I'm going to make a record’”: Flea covers Frank Ocean and explains why he’s scratching a long-standing itch on his new album
Watch him doing double duty on trumpet and bass in the company of Jimmy Fallon
MusicRadar
MusicRadar
Anna Kendrick And Kieran Culkin’s Reactions To An Interviewer’s Michael Cera Comment Are Going Viral Again
“I think the interview is projecting his own insecurities here.”
Bored Panda
Bored Panda
Nicki Minaj Sued Over $275K Unpaid Concert Production Costs — Firm Claims Bills Ignored for Years
Nicki Minaj is embroiled in a legal battle as a production company claims she owes over $275,000 for concert production costs. The lawsuit highlights financial risks in the entertainment industry.
International Business Times UK
International Business Times UK
Age Of Attraction Could Become My Love Is Blind Replacement, But It Needs To Fix Some Things
I can see a future but with many changes.
Cinemablend
Cinemablend
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play