⚠️ According to a draft declaration reported by RTRS, NATO leaders, including Trump, will express an "unwavering commitment" to collective defense during the summit in Ankara.
❗️🛢 The United States is drawing down its Strategic Petroleum Reserve (SPR) at an unprecedented rate, as reported by LSEG and the U.S. Department of Energy.
SpaceX has completed its IPO, issuing 555.6 million shares at $135 each, raising approximately $75 billion. This IPO sets a record as the largest in history, valuing the company at $1.77 trillion. The company plans to allocate around 30% of its shares to retail investors
🚨 Oil prices see a slight uptick of 2% despite reports of Iran fully blocking the Strait of Hormuz. Verifying the blockade is difficult since ships in the area are turning off their transponders. If Trump's claims are accurate, the U.S. is inundating the market with seized oil.