Tuesday brought geopolitical shocks and market milestones. Oil prices hit $110 per barrel as US-Israel-Iran conflict closed the Strait of Hormuz, threatening global recession through energy and shipping disruptions. Meanwhile, Rio de Janeiro posted record Carnival performance with February RevPAR…Tuesday brought geopolitical shocks and market milestones. Oil prices hit $110 per barrel as US-Israel-Iran conflict closed the Strait of Hormuz, threatening global recession through energy and shipping disruptions. Meanwhile, Rio de Janeiro posted record Carnival performance with February RevPAR…