Good morning. The Iran conflict continues to reshape global politics and markets despite ceasefire talks, with North Sea oil hitting record highs as Tehran maintains control over the Hormuz strait. Trump is facing pushback from NATO allies, particularly France and Spain who are refusing to authorize use of their military facilities, while the economic damage from this crisis looks set to persist regardless of any temporary peace agreements.
On the tech front, OpenAI is launching a premium ChatGPT Pro subscription at $100 monthly, though they're now facing investigation by Florida's attorney general over alleged connections to a recent university shooting. Meanwhile, the Electronic Frontier Foundation has become the latest major organization to abandon X entirely, signaling continued erosion of the platform's institutional credibility.