Something I keep coming back to. Iran is Iraq's financial lifeline.

Dollars have been flowing through Iraqi banks to Tehran for years.

CBI compliance training, electronic billing mandates, sanctions pressure on specific Iraqi banks... a significant piece of that was always about choking this corridor shut.

With Iran's command structure gutted, oil facilities burning across Tehran, crude clearing $112... that corridor isn't being slowly reformed anymore.
It's being cut by force.

The banking cleanup everyone in this space tracks week to week? War just accomplished in ten days what compliance pressure alone was going to take years to finish.

Hearing that Iraqi banks with known Iran exposure are already scrambling.

Haven't confirmed specifics but worth watching what CBI announces in the next 30 days.

The whole equation just shifted underneath them.

Day 10 of Operation Epic Fury.

Reporting suggests Iran's navy and air force are functionally gone.

Oil infrastructure across Tehran is burning and crude pushing past $110 with the Strait of Hormuz still contested.

A new supreme leader sitting under the same crosshairs that killed his father ten days ago.

You don't position this level of logistics to make a decision. You position it to manage an outcome already in motion.

The carrier groups and tanker flights across the Gulf... that's the security umbrella for the aftermath. Not the operation itself.

Question I haven't seen anyone in this space ask yet.

When this ends, what does Iraq's eastern border look like?

Every reform CBI has been building toward was built on the assumption of a functioning neighbour to the east.

That assumption just broke.

IQD | Iran | regime change | oil price | Strait of Hormuz

$ASTS: LeverageShares announcing a 4x Long ASTS Daily ETF.

Apparently 2x leverage just wasn’t quite degen enough.

Amazon $AMZN Pharmacy now offers Eli Lilly $LLY Zepbound KwikPens with cash pricing starting at $299.

As same day delivery scales to 4,500 cities by year end, Amazon is using its logistics to remove barriers to weight loss meds with speed and transparent costs.

Monday, Mar 9 2026, 12:00 UTC time

📋 Oil surges toward $120 amid Iran-Hormuz tensions — Oil spike after Iran war/closure risks and OPEC output cuts drives global risk-off, stoking inflation worries and pressuring equities across Asia, Europe and the US.

✅ Inflation and rate-priced pivots — Markets lift Fed/ECB/BoE rate vigilance: US 10Y yields near 1-month highs, German/France JGB/OAT/UK gilt yields climb to multi-month highs; markets now price higher-for-longer policy risk.

🔖 FX moves — Dollar & safe-havens up; commodity-linked FX down — Dollar rallies on oil-led inflation fears; Swiss franc and US dollar gain as haven flows. Yen extends declines; Australian and New Zealand dollars slide as energy shock hits growth/rate outlook. Euro and pound fall (EUR at 3-month low; GBP at 3-month low).

📌 Equities: global sell-off — European and Asian stocks tumble (France, Germany, UK, Hong Kong, China, Japan weakness); Wall Street futures slide as oil tops $100–$120 and Iran war risks escalate.

📋 Bonds: investors offload on inflation spike — Peripheral yields widen: Italy BTP at 11-month high, Slovenia/Slovakia/Czech yields move up; German 10Y approaches highest since 2011. Investors reduce duration amid sticky inflation risk.

✅ Commodities & metals — Gold slips as stronger dollar and higher energy prices complicate rate-cut bets; silver and copper fall amid risk-off and demand concerns.

🔖 Asia specifics — China equities and offshore yuan hit one-month lows; Taiwan exports slow; Japan faces trade-balance pressure from higher import costs and big foreign bond sales. South Korea finalises US investment bill draft; Taiwan trade/exports weaken.

📌 Australia & New Zealand — Aussie shares slump to multi-week lows; Aussie/NZD dollars pressured; Australia 10Y yields climb as markets digest energy-led inflation risk and commodity volatility.

📋 Canada & TSX — TSX futures slip as Middle East turmoil ramps inflation worries; energy/import shocks weigh on Canadian markets.

✅ Europe: growth vs inflation — German factory orders and industrial output decline; Eurozone faces energy-driven inflation but analysts see less severe shock vs 2022 — still enough to reshape rate expectations and fiscal balances.

🔖 Market outlook (forex/equities/bonds) — Elevated oil risk likely to keep volatility high: expect continued USD/CHF strength, pressure on commodity-linked FX (AUD, NZD, CAD), higher sovereign yields, and renewed equity weakness until geopolitical/energy uncertainty eases.

📌 Watch this week — US inflation print, Middle East developments, central bank commentary and oil trajectory — these will steer near-term moves across FX, bonds and stocks.

An Iranian vessel was seen on fire near the port of Bandar Abbas following U.S strikes on Iranian naval assets.

🚨 TRUMP TO GLOBAL SHIPPING: SHOW SOME GUTS

President Trump has sent a blunt message to global tanker operators amid tensions in the Strait of Hormuz:

“These ships should go through the Strait of Hormuz and show some guts… there’s nothing to be afraid of.”

Trump says Iran’s naval capability has been effectively destroyed, adding:

“They have no Navy. We sunk all their ships.”

According to the latest briefing, around 80–90% of Iran’s missile launchers have already been taken out, leaving only a fraction of their previous strike capability.

Trump’s message is clear:

The world’s energy lifeline must not be held hostage by a weakened regime.

The Strait of Hormuz carries roughly a fifth of the world’s oil supply — and Washington is signaling that the route will remain open.

The pressure on Tehran is intensifying.

Oklo $OKLO and Centrus $LEU plan an Ohio joint venture for #HALEU deconversion.

Colocated with enrichment at the Piketon site, the hub will fuel Oklo’s 1.2GW Meta $META backed campus, slashing costs and securing a domestic nuclear supply chain.

Dubai real estate index is DOWN 21% in 8 days.

But we have seen this before...

The UAE will emerge stronger once again.

$INFQ

Infleqtion announced it will host an Analyst Day on Wednesday, March 11, 2026, at 9 a.m. ET at the New York Stock Exchange.

Leadership will provide a comprehensive update on the company’s strategy, commercial momentum, and technology roadmap as Infleqtion continues to scale its quantum platform and market success.

Ondas $ONDS preannounces record Q4 revenue of $29.1M–$30.1M, beating its raised guidance.

Reiterating a $170M–$180M outlook for 2026, the drone leader is leveraging a $1.5B cash pile to scale production for global defense and border security.

Tic tac tic tac tic tac

Starlink V2 coming for global 5G speeds.

150 Mbps. Regular LTE phones. No mods.

100x data density. Polar coverage next.

Dead zones running thin.

Starlink V2 will only work for new phones sold in 2027 and later with the new chipsets.

ICYMI

• G7 discussing a coordinated emergency oil reserve release with the IEA (FT)
• White House official says the U.S. could seize “all the oil” from Iran
• Treasury Sec. Bessent says U.S. may lift sanctions on Russian oil
• U.S. gas prices rise to $3.45, highest since Sept 2024
• Trump says oil prices will drop rapidly once the Iran nuclear threat is eliminated
• U.S. Treasury says crypto mixers can have legitimate privacy uses
• Ex-CFTC Chair Giancarlo says banks need crypto regulatory clarity
• Michael Saylor hints at buying more Bitcoin
• Kalshi partners with Brazil’s XP Inc. for its first international expansion
• Coinbase CEO Brian Armstrong says crypto could unlock global startup funding
• OpenAI hardware lead Caitlin Kalinowski resigns over Pentagon deal concerns

When the world panics.
Someone is getting paid.

🚨STRATEGY BUYS $1.23 BILLION IN #BITCOIN

Strategy purchased $1.23B worth of BTC at an average price of $70,940, bringing its total holdings to 738,731 BTC.

President Trump says "ONLY FOOLS" are panicking about oil prices spiking in the short-term
"Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Safety and Peace. ONLY FOOLS WOULD THINK DIFFERENTLY!"

Xenon $XENE reported positive Phase 3 X-TOLE2 data for azetukalner in focal onset seizures, meeting its primary endpoint with a -53.2% median seizure reduction.

With a Q3 2026 NDA filing planned, it aims to be the first KV7 opener for epilepsy.