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NYTIMES (Rebecca F. Elliott, Paul Abowd, Nikolay Nikolov, Nour Idriss, Stephanie Swart, Rafaela Balster, Lauren Pruitt, Alexandra Ostasiewicz, Samuel Granados and Leanne Abraham) - The Iran War Just Put Another Key Oil Route at Risk

Attacks in the Strait of Hormuz during the Iran war have led Saudi Arabia to rely on an alternative route for exporting oil. Our reporter Rebecca F. Elliott explains how that route is now threatened by the Houthis, a Yemeni militia supported by Iran.

NYTIMES (Dustin Volz) - An Anthropic Claude AI Model Finds Flaws in Tough-to-Crack Encryption Algorithms

Claude Mythos Preview discovered new attacks in testing against weakened cryptographic algorithms, which protect online financial transactions, private communications and more.

AXIOS (Maria Curi) - Scoop: Nvidia's Jensen Huang meets Lutnick amid China scrutiny

Nvidia CEO Jensen Huang met Tuesday with Commerce Secretary Howard Lutnick as the Trump administration investigates potential violations involving Nvidia chip exports to China, according to a source familiar. Why it matters: Huang is in Washington as the Trump administration finalizes a framework that would give the government early access to the most advanced AI models before their release. - Officials are also weighing their approach to open-source AI and China. Driving the news: Huang is holding meetings across Washington this week, including with Sen. Mark Warner (D-Va.), the top Democrat on the Intelligence Committee, and other members of Congress from both sides of the aisle. - Huang's trip had been previously reported, but not…

AXIOS (Herb Scribner) - The U.S. is running low on blood. Here's why that's dangerous

The U.S. blood supply has reached crisis levels, prompting the American Red Cross and the Surgeon General's Office to urge people to donate. Why it matters: A prolonged blood shortage could delay surgeries, trauma care and other treatments that depend on timely blood transfusions. - The Red Cross says it has "less than a one-day national supply of type O positive blood," which is the most commonly transfused blood type. Due to the shortage, the organization is limiting distribution of type O blood to hospitals. Driving the news: Blood donations fell to a four-year summer low in 2026, the Red Cross said on Monday. - Current supply is not keeping up with the demand for blood, which increases during the summer, the Red Cross says. - The…

AXIOS (Neil Irwin) - AI is only "part" of high U.S. productivity growth, says Stripe economist

AI appears to improve workers' efficiency in a number of sectors. The U.S. has experienced a surge in economy-wide productivity in the last couple of years. But the former isn't necessarily driving the latter. The big picture: Companies are achieving more output per person-hour of labor because they are making better use of existing capital, a provocative new analysis finds — not, at the moment at least, by making major use of AI. - AI advances may be generating substantial micro-level gains in some sectors, but so far are not the driver of one of the most important macro trends of the last couple of years, finds Ernie Tedeschi, chief economist at Stripe. State of play: A surge in labor productivity — after a couple of decades of…