Good morning, you're listening to Markets Desk.
The International Energy Agency is moving faster on emergency oil releases, with member governments agreeing to accelerate stock drawdowns from their March two thousand twenty six Collective Action pledge, prioritizing diesel amid tightening supplies. A federal watchdog is now raising alarms that the United States lacks the infrastructure and readiness to manage what comes after those reserves are drawn down.
Shifting to labor markets, IMF chief Kristalina Georgieva is warning that artificial intelligence is hitting the global workforce like a slow-moving tsunami, with young workers entering the job market bearing the sharpest exposure. The World Bank's jobs council echoed that concern, calling for crisis-era support measures to cushion displacement before it accelerates further.
And in crypto, blockchain data provider Bitquery has quantified the toll of sandwich bot attacks on Solana, finding nearly thirty million dollars extracted across roughly six point eight million attacks over an eleven-month stretch. Ninety-six percent of those attacks targeted activity on memecoin platform Pump dot fun and its PumpSwap exchange, hitting over two million distinct wallets in the process.
That's the tape. Markets Desk, signing off the floor.
