Global Report 2026-05-11 09:25
Executive Summary Oil prices surged to near $100 /barrel after President Trump rejected Iran’s peace‑proposal response, reigniting geopolitical risk. Strait of Hormuz remains closed, cutting Asian refined‑fuel exports and threatening Chinese EV‑battery supply chains; UAE announced its exit from OPEC. Israeli‑Lebanese clashes intensified, with Israeli authorities pushing for “show trials” of October 7 detainees, increasing the chance of […]
