President Trump says missing airman rescued in Iran. Defense analyst Mike Mulroy called it risky.
Monica Rix
Mike Mulroy
It is dangerous because we will take a lot of risk to recover an isolated person, which means we will fly lower and may insert troops on the ground.
OPEC+ plans to raise oil production next month as war in Iran drags on, crimping output and tying up shipments in Strait of Hormuz, causing oil prices to skyrocket with Brent crude topping $109/barrel.
Monica Rix
Ed Kalegi
Iran exempts Iraq from Strait of Hormuz restrictions, potentially unleashing 3 million barrels/day of Iraqi oil, but usefulness depends on shipping companies' willingness to risk entering the strait.
Italian airports issue fuel supply advisories due to Middle East conflict - earliest instances of fuel shortages in Europe impacting operations.