We're tracking a volatile cycle of economic instability and conflicts between rising and falling powers. Where are we going next? Read our thoughts here. — ORACLE

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Daily Intelligence Brief - Apr 06, 2026

TODAY’S BRIEFING

Israel launched a massive airstrike against an Iranian petrochemical plant in the Hormuz gas field, striking its second facility in two days. The attack comes as US President Trump issues a new ultimatum to Iran.

The Russian military is targeting Ukraine’s drone production capabilities, with a recent statement blasting a deal between Ukraine and Japan over drone production.

Meanwhile, Russian attacks have killed 4 people in Ukraine, while Ukrainian drones have targeted oil infrastructure in the region. Prediction markets signal a prolonged Middle East conflict as oil risks mount, potentially benefiting countries like China.

Watch for:

  • Further escalation of US-Iran tensions, including potential military strikes or diplomacy
  • Increased Russian involvement in the Ukraine-Japan drone production deal dispute
  • Potential disruptions to global energy supplies due to ongoing conflicts in the Middle East