The big picture: European leaders largely called for restraint and diplomacy to avoid further escalation, while U.S. adversaries condemned President Trump's decision to pursue military action.
The overnight military strikes on Iran will likely push up oil prices by creating new risks to supplies from the region that's home to a large chunk of global output and transit.
Why it matters: Americans are about to feel the impact of the joint military operation by the U.S. and Israel.
Federal agencies may now have a Claude problem after President Trump's order to blacklist Anthropic from all government work amid a dispute over how the Pentagon can deploy its AI.
Why it matters: If Trump's demands hold, Anthropic's federal business could stall overnight — and leave agencies scrambling to unwind major AI projects and pilots.
Republicans want the upcoming surface transportation bill to require EV owners to pay more. Democrats want it to address climate change. And businesses see it as a way to overhaul how federal permits are awarded.
Why it matters: With that many competing interests, there's a higher risk that Congress won't be able to pass a bill quickly —and a lapse could create funding gaps or uncertainties for fixing roads and other projects.
Even with rising costs, power is a small slice of what Big Tech spends on data centers.
Why it matters: This is why deep-pocketed tech companies are voluntarily offering up pledges to pay for their own power. To them, it's just not that much money.
