Energy & Geopolitics

US-Russia Diesel Deal Context: Envoys Steve Witkoff and Jared Kushner reportedly explained to Ukrainian officials in Miami that the agreement allowing Russian diesel exports is intended as a strategic bid to entice Russia back into peace negotiations.
Middle East Tensions & Attacks: Yemen's Houthis claimed responsibility for launching ballistic missiles targeting Riyadh airport, while the Saudi-led coalition stated the missile was intercepted and destroyed. The UK Navy also reported a crude oil tanker was struck by an unknown projectile in the Strait of Hormuz.
Russian Production & Supply: Deputy PM Alexander Novak stated that Russian companies are actively discussing diesel sales with global buyers, noting that exports could reach 3 to 3.5 million tons by year-end to help balance global supply and demand.

Markets & Commodities

Market Imbalances: S&P 500 MOC imbalance stood at +$1,235 million, Nasdaq 100 at +$807 million, Dow 30 at +$99 million, and Mag 7 at +$157 million.
Futures Settlements: Brent Crude settled up 1.84% at $106.65/bbl, WTI Crude settled up 2.06% at $93.74/bbl, NYMEX Diesel settled at $4.7232/gal, and NYMEX Gasoline settled at $3.2917/gal.

Intel Hardware & AI: Intel announced the start of customer sampling for its D-Series GPUs while accelerating the development of open infrastructure tailored for the agentic AI era.
White House AI Integration: Reports indicate the administration plans to move AI testing agency officials directly into the White House to integrate the agency into broader decision-making processes.