Dow is down nearly 5000 points since the start of the war thanks to the genius of those who came in to drain the Washington swamp. They have become the most rotten corner of the swamp themselves.

Rumor has it that Kushner has personally made $200B through the negotiations he has been assigned to do. The corruption is so much that Trump himself had to complain about it. Imagine that!

• Energy prices spike: Brent crude, the global oil benchmark, hit $115 a barrel this morning after Israeli strikes sparked Iranian retaliation on energy infrastructure across the Middle East, including on Qatar’s critical liquefied natural gas hub Ras Laffan.

• Intel hearing: Iran “maintained the intention” to rebuild nuclear enrichment, US Director of National Intelligence Tulsi Gabbard told lawmakers today. Her prepared remarks yesterday said that such capabilities had been “obliterated” last year. She also said the objectives laid out by the US and Israeli governments for the war “are different.”

• Largest gas field: US President Donald Trump said the US “knew nothing” about Israel’s plan to strike the South Pars field in Iran, but sources have told CNN that the US was aware of it. Trump threatened to “blow up” the gas field if Tehran keeps up its attacks on Qatar.

• Diplomatic showdown: Saudi Arabia told CNN it “reserved the right to take military action” against Tehran, while Qatar expelled Iran’s military and security attachés.