On today's podcast:
(1) The Pakistani military carried out targeted strikes against militant hideouts in Iran after Tehran launched similar attacks the day before, in an escalation of tensions.
(2) The US launched another round of strikes on Yemen's Houthis overnight as the Iran-backed militant group continues to roil global shipping markets with attacks around the Red Sea.
(3) Apple was slighted by Netflix, which said it's not bothering to make an app for the Vision Pro just weeks ahead of the headset's debut. The company was also forced to sell watches without its blood oxygen feature starting today. And it may also face a DOJ antitrust lawsuit as early as March.
(4) Rishi Sunak's plan to deport asylum seekers survived a key vote after most rebels fell in line, but the saga further dented his authority before a general election later this year.
(5) Britain's biggest banks have a new problem on the horizon: car loans. The Financial Conduct Authority has reached out around a dozen banks about their auto lending practices, according to people familiar with the matter.

Russia Helps Iran Strikes, War Breaks Market Plans, EU Counts Conflict Cost
17:01

Tanker Attacks Spike Oil, US-EU Trade Probe, Asia Faces Energy Crunch
16:20

Gigantic Oil Release Report, Hormuz Strait Mine Threat, Hedge Funds Lose $1.5B
18:53