Highlights:

• Is Inflation "Transient" Again? Investors are pushing rate-cut expectations to September as an energy shock rattles markets, with some analysts warning the market is now pricing a higher probability of rate hikes. Bloomberg Markets

• Oil Shock Threatens Fed Rate Cuts Treasury yields are climbing as war fears push rate-cut hopes further out, with potential Strait of Hormuz disruptions risking sustained inflation if conflict persists. Bloomberg Markets

• G-7 Ready to Release Oil Stockpiles If Needed to Support Supply Group of Seven finance ministers signaled readiness to release strategic oil reserves to support global energy supply. Bloomberg Markets

• Saudi Pipeline Could Help Trump Buy Time and Try to End War Alternative pipelines across the Arabian Peninsula and UAE could bypass the Strait of Hormuz to help moderate rising oil and gasoline prices. Bloomberg Markets

• Expect $4 at the Gas Pump Soon An energy analyst ranks the current crisis as more serious than anything since the early 1970s and warns markets are underestimating the impact. Bloomberg Markets

• Nuclear's Role in the $100 Oil Era With oil climbing above $100 a barrel, next-generation nuclear energy is being discussed as a path to US energy independence. Bloomberg Markets

• Wall Street Banks Offer UAE Staff Option to Relocate Temporarily Major Wall Street banks are allowing employees in the United Arab Emirates to temporarily work remotely as attacks on the Gulf nation continue. Bloomberg Markets

• Expect $4 Gas Sooner Rather Than Later An analyst expects US gas prices to top $4 per gallon soon and notes oil could climb another 50% amid continued Strait of Hormuz attacks. Bloomberg Markets

• France Says G-7 Is Not There Yet on Releasing Oil Stockpiles The Group of Seven has not yet organized a coordinated global release of emergency oil inventories in response to the Iran war. Bloomberg Markets

• Mercedes Considers Sharing South Africa Plant With China's GWM Mercedes-Benz is exploring a manufacturing partnership with Great Wall Motor in South Africa to boost facility viability amid US trade tariffs. Bloomberg Technology