Good morning. Markets are reeling as the Middle East crisis deepens, with Wall Street posting its worst day since the conflict began after Trump extended his Iran talks deadline and fresh inflation fears sent Treasury yields soaring. Oil markets steadied overnight despite Israel renewing attacks on Tehran, as traders digest Trump's decision to delay potential strikes on Iranian energy facilities until April 6th. Meanwhile, the UAE is pushing for an international force to reopen the Strait of Hormuz as Iran floats charging fees and limiting passage to "non-hostile" ships, a move that could outlast the current war and fundamentally reshape global shipping.
Closer to home, Wales suffered heartbreak last night as Bosnia knocked them out of World Cup qualification on penalties, ending their dreams in what Craig Bellamy called a chaotic performance. In tech news, Apple has quietly discontinued the Mac Pro while Anthropic won a temporary injunction against the Pentagon's ban on their AI services. There's also new government guidance suggesting parents limit under-5s to just one hour of screen time daily, avoiding fast-paced content where possible.