Brent nears $100 in Asia after CENTCOM tanker strikes: Reuters $99.33, CNBC $99.44, BBC $99.35. WTI stamp split — wire mid-$94s vs a separate Asia page near $92.50 — each quoted, not averaged.
Gold rebounds from a one-week low near $4,340 as a soft US Dollar supports the metal. Hawkish central-bank bets and US PPI/CPI ahead may cap upside.
Trump orders import bans on Canadian alcohol, dairy and motorbikes from Sep 29 as Ottawa’s counter-tariffs hit. BBC stamps mopeds among full bans; a secondary write-up says motor vehicles. USD/CAD near 1.3780.
CENTCOM destroys five IRGC crude carriers after missile attacks on a U.S. warship. Oil briefly hit $99.46; Iran fired on U.S. forces in Jordan. IRGC destroyer-damage claims remain unverified.
NY Fed August SCE: mean unemployment expectations rise to 44.4%, highest since April 2020. One-year inflation expectations hold at 3.6%; three-year edges to 3.2%; gas price expectations jump to 4.6%.
Treasury OFAC sanctions 36 targets under Operation Economic Outcast, including 27 Iranian airlines under E.O. 13902. Bessent warns anyone doing business with Iran’s remaining carriers risks being cut off from the global financial system.
Qatar posts a Q2 budget deficit of 21.2 billion riyals ($5.8B), the widest in nearly a decade, as Hormuz disruption ties up gas trade. LNG exports plunge; Hormuz is not reopened.
BoE Governor Bailey says the UK is not on the verge of recession and that inflation risks remain tilted to the upside. GBP/USD edged higher around 1.3555 (+0.11%).
Strive Inc 8-K: bought 1,375 bitcoin Aug 31–Sep 4 at about $79,281; holdings rise to 24,531 BTC. Cash to $202.6M; SATA shares up; STRC held flat at 505,000.
Robinhood will list Crypto.com yes-or-no event contracts and take minority stakes in the Crypto.com exchange and OG.com, per WSJ; Marszalek confirmed on X. HOOD was up almost 3% near $125.
Strategy Inc 8-K: no ATM sales and no bitcoin buys or sells Aug 31–Sep 7; holdings stay 845,050 BTC. Board doubles preferred buyback auth to $2.0B; STRC repurchase $176.3M.
Houthi attacks halt some Saudi energy operations and wound 73; Brent jumps to $98 and U.S. crude to $93.65. Hormuz is not reopened.