Public Markets 3h Briefing
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Last updated: July 19, 2026, 5:30 AM ET
Energy Security Concerns Escalate
Oil loading at the Caspian Pipeline Consortium’s terminal was halted bloomberg.com on Russia’s Black Sea coast following a drone strike. This incident adds to escalating regional tensions, as the US and Iran bloomberg.com after two American service members were killed in Jordan. Amidst these geopolitical strains, a proposal for a shared pact among Gulf states to manage the Strait of Hormuz has been suggested nytimes.com, drawing parallels to a defunct European coal and steel coalition.