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Oil traders were watching one of the world’s most important shipping lanes. European leaders were weighing new security realities. In the United States, a Supreme Court order quietly reshaped a key House race before most voters are paying attention.

The throughline is uncertainty in energy, deterrence, and political control. Here’s what’s driving the headlines this morning and what to watch next.

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Oil markets jumped after Strait closures stirred fears of a prolonged supply squeeze and higher fuel costs for consumers, with crude prices and insurance premiums feeding quickly into airline fares, shipping rates, and headline inflation.

Global equities fell as energy concerns rippled through Asia and Europe, hitting transport and industrial stocks first, and sustained price spikes could keep central banks cautious even as growth cools.

Strategists are watching to see whether oil stays elevated after the initial surge in trading and as alternative supply routes come online, since a drawn-out disruption would strain household and business budgets well beyond the region.

Paris is considering temporary deployments of nuclear-armed aircraft to allied bases under a plan outlined in coverage of France’s forward deterrence shift. Control of the arsenal would remain in French hands even as exercises and basing options expand.

European capitals are debating how to strengthen deterrence while managing doubts about long-term U.S. commitments. Military planners are also watching how the Iran conflict strains transatlantic bandwidth and stockpiles.

Basing choices can change crisis math quickly when aircraft and logistics become more distributed. Expect intense diplomacy over host countries, mission scope, and escalation safeguards.

The U.S. Supreme Court will keep New York City’s only GOP-held House district as it is for the 2026 elections, halting a state-court order to redraw it. Voters in Staten Island and parts of Brooklyn will use the current map in the midterms. The decision came as local officials were running up against deadlines to put new lines in place.

Justice Samuel Alito said the lower court’s ruling raised constitutional concerns. Justice Sonia Sotomayor dissented, arguing federal courts should give the state process more room. The broader case can still move forward, but for now the old district lines stand.

With the map unchanged, campaigns can plan with more certainty. Donors and challengers now know exactly which voters are in play. In a closely divided House, even one district can carry outsized weight.

European governments raced to secure military sites and move citizens out as evacuation efforts accelerated across the Middle East. Wider involvement raises the risk of miscalculation and deepens the economic blow from energy and transport shocks.

Iranian drones struck the U.S. Embassy in Riyadh, marking another step in the conflict’s regional spillover. More attacks on diplomatic sites can harden positions and complicate any off-ramp for de-escalation.

No tropical cyclones are active in the Atlantic basin as the region remains outside peak storm season. Quiet seas allow coastal businesses, insurers, and shippers to focus on longer-term planning rather than immediate weather threats.

A Supreme Court order temporarily blocked a California disclosure ban involving student gender identity and parental notification. More litigation across states could reshape how schools balance privacy, safety, and family rights.

United Airlines Flight 787-9 returned to Los Angeles after a reported engine fire, and passengers evacuated on the taxiway using slides and stairs after a safe landing. Even without injuries, the incident briefly disrupted operations at LAX, where a single emergency can quickly ripple through flight schedules.

Skywatchers across parts of the world get a total lunar eclipse, with timing and visibility varying by location. Clear skies matter, but the schedule offers a rare, predictable break from today’s headline churn.

Global assets slid and then lurched as Middle East conflict fed a rush into safety and a surge in oil-linked trades. Higher energy prices can quickly pressure central-bank rate paths and corporate margins.

Greg Abel’s first major public remarks since taking over are set for a TV appearance as investors scrutinize earnings presentation choices. Governance clarity matters because the conglomerate’s disclosures influence how markets interpret operating performance across dozens of businesses.

Investor focus shifted toward commodities and hedges as oil prices jumped and volatility spread. Defensive positioning can starve risk assets of capital until the geopolitical picture stabilizes.

New findings flag risks when chatbots imitate counselors, with ethical lapses appearing even under safety instructions. More scrutiny could accelerate calls for clinical guardrails and clearer disclosure in consumer AI tools.

Executives outlined a path toward a new Starship-ready satellite fleet as Starship planning intersects with blockbuster valuation chatter. A faster, more reliable launch cadence would lower the cost per kilogram to orbit and reshape the economics behind its next generation of satellites.

This year’s World Hearing Day centers on hearing tests and treatment for kids, since catching problems early can prevent lasting learning setbacks. Hearing loss often stays hidden until grades fall, even though simple, low-cost care can make a real difference in how children learn and read.

A late-season surge secured Arizona the Big 12 regular-season crown, with scoreboard results capturing the key finish. Conference seeding pressure now intensifies as teams position for March.

Colorado pulled away late as a third-period surge and timely special-teams play sealed the win. Those road points add up quickly in a crowded Western Conference race where playoff positioning can shift in a week.

Seattle held on in a tight contest that stayed within a goal deep into the final minutes. Close games like this offer a preview of postseason intensity and highlight where teams may look to adjust before the trade deadline.

A new essay revisits how the U.S. staged its Bicentennial, with 1976’s pageantry framed as a template and a caution. Planning for 2026-era commemorations now sits in a more polarized, digitally amplified landscape.

Maya Hawke unveiled details for her next release and a spring tour, with album news dropping alongside ticket timing. Music touring remains a key revenue engine as streaming economics keep shifting.

Paramount released a first look as the new teaser reunited Anna Faris and Regina Hall for the franchise’s next installment. The revival leans into early-2000s callbacks as studios bet that familiar comedy brands can still draw theatrical crowds.

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The Supreme Court used rapid orders to reshape two high-stakes fights in California student rules and NYC district lines disputes. Rapid rulings can effectively determine how laws operate on the ground well before a full opinion is handed down.

Emergency requests typically argue that immediate harm will occur without quick relief, and the court can respond through the emergency order system without the long timeline of merits briefing and argument. Schools, election offices, and businesses often treat these temporary rulings as final for planning purposes because calendars and budgets do not pause.

Fast orders can also amplify uncertainty, because reasoning may be limited and lower courts may still weigh facts and constitutional questions after emergency order system intervention. Parents and students may face shifting guidance midyear, while voters and candidates may see district boundaries settle only after a short burst of litigation.

Watch for whether more litigants steer cultural and election fights into emergency filings after California student rules and NYC district lines delivered immediate wins. Public trust can hinge on transparency and consistency, so repeated emergency moves could fuel calls for clearer standards on when rapid relief is appropriate.

David Rush earned another Guinness World Records title by catching the most tennis balls thrown behind his back in one minute.

Ottawa firefighters rescued a dog and its owner after both fell through thin ice on the Rideau River in a dramatic river rescue in Canada.

Chicago’s river-dyeing and parade festivities are back for St. Patrick’s Day with a full March events calendar to plan around.

A cache of 36 Bronze Age swords and 50 arrowheads was seized at the Port of Philadelphia in a strange smuggling interception that caught authorities by surprise.

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—The Five Minute Daily Team