EU Lowers 2026 Growth Outlook as Strait of Hormuz Crisis Drives Energy Prices Higher Trump Asks Supreme Court to Pause TikTok BanLegal Battle Intensifies Chancellor Reeves Mobilizes Support to Retain Post Amid Potential Labour Leadership Change LNG Tankers and Oil Cargo Transit Strait of Hormuz Signaling Potential Easing of Regional Tensions Kevin Warsh Takes Helm at Federal Reserve Markets Eye Policy Shift Amid Inflation and Geopolitical Risks QXO Launches Hostile Takeover Bid for Beacon Building Products After Repeated Rejections QXO Launches Hostile Bid for Beacon After Repeated Rejections