Good morning from the Financial Times.
Today is Tuesday, March 10th, and this is your FT News briefing.
There was some relief in the oil market yesterday,
and a small island off the coast of Iran seems to be untouchable.
Nobody has touched Kharg Island in retaliation.
If you blow it up, then you have a real problem going forward.
Plus, Anthropic is going head to head with the Pentagon.
I'm Mark Filippino, and here's the news you need to start your day.
The red hot energy market cooled yesterday on two major updates.
U.S.
President Donald Trump said yesterday afternoon the war in Iran was,
quote, very complete, pretty much, end quote.
And earlier in the day,
G7 finance ministers said the group stands ready to release petroleum from emergency reserves.
The idea is that more supply would lower energy prices.
Brent crude fell below $90 a barrel.
That was down from a whopping $119 earlier in the day.
Meanwhile, countries are trying to save energy as much as they can.
Bangladesh closed universities,
the UK Automobile Association is telling people to stay off the roads if they can help it,