Sep 10 — Oil at $100, trade war widens, and a crypto milestone

• Brent crude crossed $100 a barrel as US-Iran hostilities intensified and gasoline prices jumped — a fresh inflation shock that complicates central bank easing paths globally. • The US Treasury will double long-dated bond buybacks to at least $4 billion per operation — a move signaling concern over duration liquidity that could compress term premia and ease long-end financial conditions. • ICE paid $2 billion for prediction platform Polymarket — the NYSE parent's move into on-chain event contracts marks a significant TradFi legitimization of regulated prediction markets.