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Fortune
Fortune
Jim Edwards

U.S. emergency oil supplies are lower now than at any time since Reagan—and heading toward panic levels

Oil
(Credit: Photo by CN-STR / AFP)

Good morning. On Fortune’s radar today:

  • U.S. emergency oil supplies are dwindling toward panic levels .
  • Markets: Global selloff continues.
  • The end of “tokenmaxxing” is the biggest risk to AI, Wells Fargo says.
  • AI is driving GDP growth and the stock market, KKR warns.
  • Drone boat rescues chopper pilots in Iran war.
  • Chart: What OpenAI and Anthropic’s revenues look like over time.
  • CEO sets thirst-trap for journalists with $200,000 job offers .
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