Good morning. On Fortune’s radar today: Stock traders rejoiced at the news that President Trump may be searching for a way out of Iran. Oil is still above $100 a barrel, and both Tehran and Wall Street expect American voters to punish Republicans at the midterm elections if this goes on much l onger. There is an off-ramp, but it risks making Iran look like the winners, experts say. Suspiciously, a massive set of highly profitable trades in oil and stock futures were placed in New York minutes before Trump announced he wanted Iran to come to the table.  Exclusive: Some people are so addicted to their phones that they end up in a $1,000-a-day rehab clinic outside Seattle. In Asia there are shortages of jet fuel, toilet paper, and fertilizer. Morgan Stanley warns of a “chaotic melt toward stagflation.” Private credit funds have shut the gates on some investors. This story was originally featured on Fortune.com ...read more read less