Good morning. On Fortune’s radar today: Markets: Oil down, stocks up. EXCLUSIVE: The more hardware AI companies buy, the more money they lose. EXCLUSIVE: Jeremy Renner bets on AI tech to make 911 responses faster. With the Strait of Hormuz under lockdown, we’re weeks away from syste mic global oil shortages. Trump lashes out at NATO and the Pope, again. Hotel chains will make a killing during the World Cup. This story was originally featured on Fortune.com ...read more read less