WS #5979

The assassination attempt on Trump at the White House Correspondents' Dinner continues to dominate, with the suspect identified as a Kamala Harris donor and set to face federal charges including assault of a federal officer. The shooter likely acted alone and was targeting the president, according to attorney Blanche. This reinforces geopolitical risk, particularly for energy and defense sectors. Meanwhile, Ukrainian drone strikes on Russia's Yaroslavl refinery (6% of Russian refining capacity) and the Strait of Hormuz blockade (IEA says 13 million barrels/day lost) are escalating oil supply concerns. Goldman Sachs warns an oil shock could eliminate 10,000 U.S. jobs monthly. The Iran-US negotiations have stalled, and Netanyahu claims Hezbollah violations threaten the ceasefire. Mali's defence minister was killed in a jihadist attack, adding to African instability. A fire at RAF Fairford (USAF bomber base) is also notable. Overall, the narrative is escalating: geopolitical risk intensifies with multiple flashpoints, particularly oil supply disruptions.