Core Viewpoint - The UK is prepared to support the release of emergency oil reserves in response to rising oil prices due to renewed conflict in the Middle East, as stated by Finance Minister Rachel Reeves [1]. Business - Cboe plans to launch prediction market contracts that will offer partial payouts based on the accuracy of traders' predictions, moving away from the traditional all-or-nothing format [1]. - Shell is set to offload Jiffy Lube and Premium Velocity to Monomoy Capital for $1.3 billion [1]. Energy - The potential release of oil reserves is being discussed among G7 finance ministers as a coordinated response to the spike in oil prices [1]. - The current situation in the Middle East is causing significant volatility in energy markets, prompting discussions on measures to stabilize prices [1].