Brent crude oil surged to a four-year high on Wednesday after Axios reported that President Donald Trump is set to receive a briefing on new military options against Iran. The escalating crisis in the Middle East—described by the International Energy Agency as the biggest supply shock in history—has seen the U.S. and Iran maintain their blockade of the strategic Strait of Hormuz, threatening global energy markets.
Meanwhile, the podcast also highlights a massive wave of capital expenditure by major technology companies on artificial intelligence infrastructure. Alphabet's Google is among the leaders in a spending spree that underscores the industry's bet on AI as the next growth frontier, even as geopolitical tensions roil markets.