AP News reports that oil prices surged 3% amid Houthi attacks on Red Sea routes, while the Kremlin rejected Trump's claims that halting Ukrainian strikes would ease diesel shortages. The 10-year Treasury yield hit 5%, pressuring stocks, and the Kennedy Center board voted to close the venue over financial disputes. In other news, Rob Reiner's son faces murder charges without the death penalty, and Patrick Mahomes led the Chiefs to a 31-10 victory over Denver in his return from injury.