It doesn't get more textbook than this: Every step of our March 3rd "Conflict Playbook" has been outlined on this oil price chart. It began with Steps #1 and #2 when Trump sent an "armada" to Iran and ramped up threats. On February 27th, we saw the "Friday night strikes" from Step #3 of our playbook. This led to Step #4 as risk premiums were rapidly priced-in. On March 3rd, President Trump began saying the war could last "forever," as expected in Step #5. Then, on Friday and last night, markets began pricing in Step #6, a prolonged conflict sending oil prices to $120/barrel. Finally, today at 3:20 PM ET, President Trump hinted at "conditional de-escalation" from Step #7 of our Conflict Playbook. We are now nearing Step #8. Keep following along. -

NBA STANDINGS UPDATE ‼️ ▪️ SAS (#2 in West) wins 4th straight ▪️ LAL rises to #5 in West ▪️ ORL (#6 in East) wins 4th straight ▪️ MIA (#7 in East) wins 5th straight https://t.co/MoG0695auK -

World #5 and 2023 runner up Elena Rybakina is back into the #AusOpen semifinals with a great performance and win over #2 Iga Swiatek 7-5, 6-1. She was amazing, specially in the second set. 4th career Grand Slam semifinal, first since Wimbledon 2024. https://t.co/GtNvNu9haW -

Most nominated films at this years #Oscars: #1. Sinners (16) #2. One Battle After Another (14) #3. Frankenstein (11) #4. Marty Supreme (10) #5. Hamnet (9) https://t.co/9m5D4QUqzo -