The US extends sanctions relief on Russian oil exports until May 16, influencing energy revenues and market stability amid ongoing geopolitical tensions.
President Trump rejects NATO's offer to secure the Strait of Hormuz, calling the alliance ineffective, while Europe plans a multinational mission, raising energy market uncertainties.
Germany continued arms exports to Israel during the recent Middle East conflict, impacting defense equities and investor sentiment amid partial embargo periods.
The Trump administration wants GM, Ford and other manufacturers to help produce weapons, echoing WWII-era industrial mobilization.