Diplomat Departures Damage Green Day; Kremlin Drives Crude, Credit, & Crypto Crazy

Tl;dr: Ignore the two tankers that were attacked in Gulf waters, news of two trilaterals with the Kremlin (and China) pushed oil prices lower (and diesel)... and that sent yields lower and extended overnight gains (SMCI support, SPCX rip and Elice rebound) in big-tech, lifting all the majors (NDX best). Hyperscaler credit record wides, Data-Center debt small bid. Bitcoin remained in high-beta-tech mode ripping up to $85k. BUT... Some late-day headline roulette (diplomats evac'd) pushed oil up, yields up, and stocks down... the dollar popped (and gold dropped) in the last hour.

All-in-all, another chaotic day hanging on every headline...

Energy