7 Things

7 Things

7T | Pro

Bessent's 30-day bet. Washington hands Beijing a gift.

The news, distilled

Adrian Monck's avatar
Adrian Monck
Mar 21, 2026
∙ Paid
WTI $98 · DXY 100 · VIX 27 · GPR 117

Hormuz remains effectively blocked three weeks into the US-Israeli war on Iran, with Brent at $106.41 and WTI at $98.23 pricing a sustained disruption that the IMF has yet to formally assess. Meanwhile, Treasury’s class-wide Russian oil waiver expires April 11, 2026 – with renewal now the baseline risk; India’s LPG ta…

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