Geopolitical Tensions Fuel Oil Surge, S&P 500 Wobbles Amid Risk

Brent crude surged to $88.10 a barrel after new Middle East strikes.

Defense Primes Face Reality: Patriot Production vs.

Ukraine's Patriot missile production faces significant manufacturing and licensing hurdles, delaying immediate air defense needs.

Europe's Defense Sector: High Orders, Lagging Free Cash Flow Reality

European defense firms show strong orders and revenue growth, yet often report negative free cash flow.

US Defense Executives Deepen Ties with Taiwan Amid Military Modernization Push

A high-level US defense delegation visited Taiwan to expand military modernization and foster joint weapons production, signaling deeper ties and reshaping Indo-Pacific power dynamics.