Macro Evening: Iran-Israel Front Widens as Oil Breaks $92 — Setting Up a Volatile Reopen
Labor Day markets were closed, but the geopolitical tape kept moving — Israel strikes Lebanon (LVL 7/10), Iran-Oman shipping deal near completion raises Hormuz control fears, and WTI crude breaks above $92/bbl for the first time in three months. Setting the stage for Tuesday's reopen.