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7 Things

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Running on fumes

The news, distilled

Adrian Monck's avatar
Adrian Monck
May 28, 2026
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S&P 500 ▲ 7,520.36 · Brent ▲ $95.65 · Gold ▼ $4,404.90 · VIX ▼ 16.3 · 10Y UST ▼ 4.48%

US Central Command struck an Iranian ground control station in Bandar Abbas overnight and downed four drones near the Strait of Hormuz. Oil had crashed 5.6 per cent hours earlier on a deal the White House dismissed as a “complete fabrication.” Three clocks run at once –…

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