Welcome to Markets Desk, your midday briefing on the stories moving the world right now.
Law enforcement is responding to reports of shots fired near the White House grounds while President Trump was inside. FBI Director Kash Patel confirmed the incident. Journalists on site reported hearing multiple gunshots and were directed to shelter inside the press briefing room, with Secret Service preventing anyone from leaving. No injuries have been reported at this time.
Shifting overseas, Ukrainian forces struck a Russian oil terminal in Novorossiysk overnight, igniting a fire at a key export facility in the Krasnodar region. Two people were injured. The attack is the latest in Kyiv's expanding long-range drone campaign targeting Moscow's oil infrastructure, which remains one of Russia's most critical revenue streams funding the war effort.
And on the energy and climate front, SpaceX is pressing forward with launches of Starship, history's largest operational rocket, even as questions mount around a broader fuel crisis. Analysts note the vehicle's methane-based propulsion does not directly worsen current supply pressures, but the long-term carbon implications of heavy-lift commercial spaceflight are drawing serious scrutiny from climate researchers.
That's the tape. Markets Desk, signing off the floor.
