Synthesize the day's developments into an analytical narrative — what patterns are emerging and what has changed. Identify 2-3 key unanswered questions raised by today's events. Provide an outlook for the coming days and weeks, referencing specific upcoming events. Place today's developments in broader context — are we moving toward escalation, de-escalation, or stalemate?
Geopolitical brinkmanship at the world's most critical oil chokepoint threatens global energy supplies, with crude volatility already hitting 10% daily swings.