THE GLOBAL GAZETTE

Executive Summary

UPDATE: Oil markets experienced historic volatility as President Trump declared the Iran war would end "very soon," causing crude prices to crash from near $120 to $85 after his announcement, though Iran rejected diplomatic solutions. Indian markets rebounded with Nifty up 1.06% and Sensex gaining 0.82% as oil prices fell, while the rupee strengthened to 91.76 against the dollar. DEVELOPING: Jakarta flooding persists across 115 neighborhood units with more rain forecast, while the Bantargebang landslide death toll remains at four with search operations concluded. In corporate developments, IndiGo CEO Pieter Elbers resigned following the airline's worst operational crisis, and the government eased FDI norms for China and neighboring countries. The entertainment industry saw Randeep Hooda and Lin Laishram welcome their first child, while tech giants expanded AI capabilities with Google rolling out new Gemini features across Workspace apps and YouTube expanding deepfake detection tools to politicians and journalists.