Good morning, you're tuned into Markets Desk.
Brent crude surged above one hundred eight dollars a barrel after Saudi Arabia shut down a critical pipeline that bypasses the Strait of Hormuz, following escalating attacks from Iran-allied militant groups. The closure removes a key redundancy in Gulf oil flows, and traders moved quickly — energy markets are now pricing in sustained supply disruption risk.
Shifting to artificial intelligence, investors pushed back Monday on calls from Anthropic CEO Dario Amodei and other frontier lab leaders to slow down AI development. The reaction was negative but measured — not a rout, more a warning shot. Markets have priced in relentless AI growth, and any credible pause narrative is a headwind worth watching.
And in corporate AI, Michael Polansky, fiancée of Lady Gaga and cofounder of biotech firm Outer Bio, is training artificial intelligence models on data collected directly from human skin samples. Lady Gaga sits on the company's board through her Haus Labs partnership. It is an early-stage play, but the convergence of biotech and AI in dermatology is drawing serious attention from investors in the space.
That's the tape. Markets Desk, signing off the floor.
