Good morning. In today’s Fortune:
- Stock markets in free fall as oil goes over $100.
- “Doomsday” now looking increasingly plausible, analysts say, as fresh attacks further threaten oil supplies.
- Iran appointed a new supreme leader: He’s the son of the recently killed supreme leader.
- Trump called this his “worst case” scenario.
- Rising prices could hurt Republicans in the midterms.
- Coffee is up 18% since last year.
- The head of Citi’s “internal hit squad” has left
