7 Things

7 Things

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Kharg Island enters the conversation

The news, distilled

Adrian Monck's avatar
Adrian Monck
Jul 16, 2026
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S&P 500 ▲ 7,572.40 · Brent ▼ $84.72 · Gold ▼ $4,039.80 · VIX ▼ 15.7 · 10Y UST ▼ 4.55%

The White House weighed seizing Kharg Island, Iran’s main oil export terminal, as CENTCOM struck coastal defences for a fifth straight day. Brent climbed to a one-month high, but China’s crude imports crashed 41 per cent in June — 650,000 electric taxis and the weakest …

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