5 AM After-Hours Flash: Iran wishes Karoline Leavitt on child's birth, says Minab school strike victims were no different from her daughter | Ir

Tensions over Iran are rippling through global energy markets this evening with the country's army warning that any nations siding with US sanctions will face difficulties navigating the Strait of Hormuz. Tehran has put a new vessel coordination system in place and its parliament is cautioning against backing a US-led UN resolution. Russia may block that measure. The Strait is a critical chokepoint for world oil supplies so any escalation carries fresh geopolitical risk premium for crude. Bitcoin is trading at 80807 up half a percent over the past 24 hours and remains within 2 percent of the 80k level traders are watching for any risk-off moves. SPX closed the week at 7398.93 while the VIX sits at 17.19. In the Middle East multiple outlets are reporting Israel set up a secret base in the Iraqi desert to support its air campaign against Iran and later struck Iraqi troops who came near the site. The conflict is already disrupting global fertilizer and metal supply chains with sulfuric acid prices spiking sharply. For US options traders this adds another layer of uncertainty that could keep volatility bids in play heading into next week. Russell's Morning Outlook is back Monday — stay with VixShield. I am your VixShield news reporter.