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It's a new workday.

Gulf Energy production begins to wind down, risking a global supply shock.

When it shut down production, these wells take time to go back online.

In the case of gas and in some oil wells, it could be weeks until they're fully back online.

So these disruptions are definitely going to be with us for a while.

Plus, the U.S. resumes diplomatic relations with Venezuela,

and we'll look at the rapper and champion of Gen Z protests poised to lead Nepal.

It's Friday, March 6th.

I'm Luke Vargas for the Wall Street Journal,

and here is the AM edition of What's News,

the top headlines and business stories moving your world today.

Israel says that its military is moving to the next phase of its campaign against Iran,

shifting from surprise attacks to a dismantling of its regime in military capabilities.

Meanwhile, U.S. Defense Secretary Pete Hankseth says the amount of firepower over Iran, quote,

is about to surge dramatically, a pledge that comes as top defense industry executives prepare

to meet President Trump at the White House today. We report that

Pentagon officials are drawing up plans to replenish U.S. munitions after pressuring defense

contractors for months to up their missile production. Meanwhile, as we approach the war's

one week mark, Iran continues to lack a supreme leader after Saturday's killing of Ayatollah Khomeini.

I asked journal correspondent Suna Rasmussen where succession planning currently stands.

...