2026-05-26
US strikes Iran. Oil rises. Sonny Rollins, 95, dies.
Good morning. Iran-US tensions crested into live fire. Markets and negotiators braced for the next move. One jazz legend left the stage for good.
Morning Reality Check
US Central Command says the strikes on Iranian launch sites and vessels were taken in self-defense. Seven-week ceasefire still technically standing.
US strikes Iran missile sites and mine laying vessels as Trump’s promised peace deal remains elusive
Iranian negotiators traveled to Qatar on Monday to discuss the nuclear program and frozen assets. Both sides used the word "ceasefire" even as both sides lobbed ordnance.
Oil rebounded. US and Tehran talks set to continue. The interim agreement on reopening the Strait of Hormuz now has a new fact on the ground.
Rollins died May 25. One of a handful of tenor saxophone players who defined the instrument—alongside Parker, Hawkins, Coltrane. His marathon solos were a concert staple. The era closes.
Russian affairs reporter notes growing unease rippling from wider society toward Kremlin. Putin's singular goal: survival.
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"Standard noise. Calibrate accordingly."
"Worth paying attention to. Don't doomscroll."
US promises peace while launching strikes; markets just shrug and wait for the next tweet.
Back at 12:00 PM ET with the lunch reset brief.