GLOBAL REPORT

1. Executive Summary Iran-US ceasefire extension created wait-and-see market conditions after stocks fell on canceled talks; Brent crude spiked above $100 before retreating 2,454 deaths reported in Lebanon from Israeli attacks while ceasefire talks remain in limbo across Middle East

1. EXECUTIVE SUMMARY Iran-US conflict escalation driving global market volatility with stock indexes declining 0.2-0.6% as oil prices surge 3% amid uncertain ceasefire negotiations in Pakistan Strait of Hormuz blockade continues with EU expanding sanctions on those blocking passage, creating

1. EXECUTIVE SUMMARY Middle East Crisis Intensifies: 11 Palestinians killed in 24 hours across Gaza and West Bank; Strait of Hormuz remains closed with severity rating 9/10 Iran-US Diplomatic Collapse: Ceasefire talks failing as Trump reports Iranian violations; Pakistan racing

1. EXECUTIVE SUMMARY Iran-US naval confrontation escalating: US blockade intensified following Iranian ship seizure; Iran rejecting negotiations under threat with Hormuz Strait passage testing underway (8 sources, severity 4/5) $290M North Korean crypto heist: Lazarus Group executed one of 2026’s

1. Executive Summary Strait of Hormuz Crisis: US naval blockade intensifies with Iranian-flagged vessel seized; oil prices surge 3% as Strait resembles combat zone Market Records Mask Fragility: S&P 500 closes at 7,022.95, Nasdaq hits 24,016.02, but Fed updates inflation

1. Executive Summary US-Iran naval conflict escalated with cargo ship seizure in Gulf of Oman, triggering Strait of Hormuz closure and oil surge to ~$95/barrel (5% increase) Global risk assessment score: 4.2-5.0/5 across domains, with commodities at critical level (5.0)

1. Executive Summary Hormuz Crisis Escalation: US Navy seized Iranian-flagged cargo ship near Strait of Hormuz; Iran threatens shipping route control. WTI crude surged 7.2% to $88.50, Brent jumped 6.8% to $96.58. Cyber Threat Convergence: Microsoft deployed 167 security updates

1. EXECUTIVE SUMMARY US-Iran Hormuz Crisis Escalating: US seizure of Iranian cargo ship triggered Iranian denial of safe passage through Strait of Hormuz; oil surged 6.8% to $96.58/barrel while S&P 500 futures dropped 0.8% Iranian Retaliation Imminent: Tehran vows response

EXECUTIVE SUMMARY Middle East De-escalation: Strait of Hormuz reopened April 17, 2026; US-Iran ceasefire talks progressing; oil prices dropped ~10% on news Market Records: S&P 500 achieved 3rd consecutive record close; Dow +1.8%, Nasdaq +1.5% on April 17 Russia-Ukraine Escalation:

1. Executive Summary Iran War De-escalation: Strait of Hormuz reopened April 17, 2026 after 46-day blockade; VP JD Vance leading second-round negotiations; Trump states conflict “very close to over” Market Relief Rally: S&P 500 +1.2%, Nasdaq +1.5%, Dow +1.8% on