Daily Digest — 10 Apr 2026

A fragile US-Iran ceasefire dominates global attention today, though shipping in the Strait of Hormuz remains at a standstill as both sides accuse each other of violating the truce agreement. Oil markets reflect this tension, with crude climbing to $98 despite the ceasefire, while Iran’s attacks on crucial Saudi pipeline and production facilities have slashed the kingdom’s output and compounded global supply disruptions.

UK Prime Minister Keir Starmer is touring the Gulf to shore up the ceasefire, calling the Iran conflict a “line in the sand” to build UK resilience. Political turbulence in the US adds uncertainty, with calls from both left and right to invoke the 25th Amendment to remove Trump from office, while his Fed chair nominee Kevin Warsh faces delayed confirmation hearings.

Bitcoin failed to break \(73,000 for the third time since the ceasefire began, with [crypto markets sliding](https://www.coindesk.com/markets/2026/04/10/eth-sol-doge-slide-as-bitcoin-fails-to-break-usd73-000-for-the-third-time-since-the-ceasefire) as analysts say \)75,000 must break for genuine bullish momentum. Meanwhile, Meta released its long-awaited AI model Muse Spark, though monetization remains unclear, and OpenAI launched a $100/month ChatGPT Pro plan for power users.