DBI Today: 48.9 (−1.1)
Talks between the US and Iran over reopening the Strait of Hormuz — the narrow shipping lane that carries roughly a fifth of the world's daily oil supply — went nowhere again on Tuesday, after President Trump demanded Iran compensate victims of the recent conflict before any deal moves forward. The Daily Business Index, our daily 0–100 read on global business health where 50 is neutral, eased to 48.9. It's a modest slip, not a lurch, but it captures a world holding its breath: oil drifting higher, tech stocks under pressure, and everyone waiting on Wednesday's US inflation numbers to tell them what comes next.
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