The U.S. strategic petroleum reserve is so low it’s near panic levels ...Middle East

Good morning. On Fortune’s radar today:

U.S. emergency oil supplies are dwindling toward panic levels. Markets: Global selloff continues. The end of “tokenmaxxing” is the biggest risk to AI, Wells Fargo says.  AI is driving GDP growth and the stock market, KKR warns. Drone boat rescues chopper pilots in Iran war. Chart: What OpenAI and Anthropic’s revenues look like over time. CEO sets thirst-trap for journalists with $200,000 job offers.

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