Good evening, you're tuned in to Markets Desk.
Ukrainian drones struck an oil terminal in St. Petersburg, hitting Putin's hometown in one of the most symbolically charged attacks of the war. The strike came directly after Trump's attempted energy ceasefire collapsed, raising fresh questions about whether any negotiated pause on infrastructure targeting remains viable.
Turning to Europe, France is grappling with the economic fallout from widespread urban unrest after rioters ransacked roughly fifteen hundred storefronts across Paris and other cities on Saturday. Business owners are publicly demanding government protection, with the damage landing hardest on small independent retailers who carry little insurance cushion against losses of this scale.
And in Washington, Donald Trump has formally endorsed Benjamin Netanyahu ahead of tight Israeli elections scheduled later this month. Netanyahu had actively sought Trump's backing as a political lifeline, and the endorsement carries real weight with the Israeli electorate, potentially reshaping a race that had been running on a razor's edge between incumbent and challenger factions.
That's the tape. Markets Desk, signing off the floor.
