NPR (Camila Domonoske) - How could the U.S. strikes in Iran affect the world's oil supply?
Despite sanctions, Iran is one of the world's major oil producers, with much of its crude exported to China.
NYTIMES (Michael J. de la Merced) - Berkshire Hathaway Posts a Drop in Earnings in Buffett’s Last Year
In his first report as C.E.O., Gregory Abel, stuck to a straight commentary rather than Warren Buffett’s folksy tone. The lower earnings were largely driven by declines in the insurance business.
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NYTIMES (W.J. Hennigan) - The President of War
The U.S. military was once a tool of last resort for American presidents.
NYTIMES (Andrew Ross Sorkin) - Lloyd Blankfein on Trump, Epstein and Life After Goldman Sachs
In a wide-ranging interview with Andrew Ross Sorkin, Goldman’s former C.E.O. discussed his life and new memoir.
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NYTIMES (Rebecca Dzombak) - Fighting Wildfires Could Soon Get Harder
Simultaneous emergencies in different parts of the world could stop countries from sharing ground crews and equipment, new research warns.
NYTIMES (Nicole Sperling) - Netflix Lost Warner. Maybe That’s a Good Thing.
It is entirely possible, analysts say, that Netflix will be better off by bailing from its $83 billion deal with Warner Bros. Discovery.
NYTIMES (Troy Closson, Sharon Otterman and Luis Ferré-Sadurní) - A Tale of Two Seasons at Columbia, and Two Responses to Student Arrests
When Mahmoud Khalil was detained by immigration agents last year, the university’s response was restrained. It was different with Elmina Aghayeva this week.
NPR (NPR Staff) - Why is the U.S. attacking Iran? Six things to know
The U.S. and Israel launched military strikes in Iran, targeting Khamenei and the Iranian president. "Operation Epic Fury" will be "massive and ongoing," President Trump said Saturday morning.
AXIOS (Lauren Floyd) - How world leaders are reacting to U.S.-Israel strikes on Iran
The joint U.S.–Israel strikes on Iran Saturday drew mixed reactions from around the globe. 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. What they're saying: Ursula von der Leyen, the European Union's chief executive, in a statement on X called on "all parties to exercise maximum restraint, to protect civilians, and to fully respect international law." - "The European Union has adopted extensive sanctions in response to the actions of Iran's murderous regime and the Revolutionary Guards and has consistently promoted diplomatic efforts aimed at addressing the nuclear and ballistic programmes…
AXIOS (Ben Geman) - How the US attack on Iran could shake oil prices
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. State of play: Concrete signs of the market fallout will arrive when trading on Asian exchanges opens on Sunday evening. - But even as the conflict's scope and impact remains unknown, here are some possibilities and flashpoints to watch. 1) The Strait of Hormuz: The narrow waterway next to Iran is a choke point that handles a whopping one-fourth of the world's maritime oil trade and a fifth of liquefied natural gas shipments. - Iran has previously…