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Trump: No Tolls in Hormuz Strait for 60 Days During Cease-Fire
President Trump announced on Truth Social that no tolls will be imposed in the Hormuz Strait for 60 days during a cease-fire period, and none after unless the US imposes them if a deal falls through.
Trump Says No Tolls in Strait of Hormuz for 60 Days, Rejects Iran's Plan
President Trump responded to reports that Iran is preparing to impose tolls on vessels in the Strait of Hormuz, stating there will be no tolls during the 60-day ceasefire period and no tolls after unless imposed by the US.
Central Banks Hiked and Cut Equally in May, Ending Global Easing Cycle
In May, 26 of 52 central banks raised rates while 26 cut, ending a two-year stretch where cuts outnumbered hikes. The last such balance occurred in early 2021, followed by three years of tightening. Recent ECB and BOJ rate increases suggest a new global tightening cycle.
AI Stocks Drive Vast Majority of S&P 500 Gains in 2026
The S&P 500 has added over $5 trillion in market cap this year, but nearly all gains come from just 84 AI-related firms and 22 energy stocks, while other sectors lost $1 trillion. AI now represents 47% of the index's market cap.
Iranian Leadership Holds Meeting on Upcoming Negotiations
Iran's president chaired a meeting with the parliament speaker and judiciary head to discuss the course of upcoming negotiations and safeguarding national interests.
US Equity Funds See Record $119B Weekly Inflows, Tech Leads
US equity funds attracted a record $119 billion in net inflows in the week ending June 17, led by a historic $19.2 billion surge into tech funds.
Israel Army Has Freedom to Remove Threats in Southern Lebanon, Warns Hezbollah
Citing security sources, the Israeli Broadcasting Authority reported that the army has freedom of action to eliminate threats in southern Lebanon and will respond forcefully if Hezbollah violates the ceasefire.
US Economy Resilient Four Months After Iran War, Diplomatic Progress Eases Oil Fears
Nearly four months since the Iran war began, the US economy shows resilience despite initial energy market disruption. Diplomatic progress between Washington and Tehran is easing concerns about a prolonged oil supply shock.
Iran Closes Strait of Hormuz Citing Ceasefire Violation
Iran announced the closure of the Strait of Hormuz, accusing the US and Israel of violating a ceasefire. The move follows continued Israeli strikes, according to Iranian officials.
Iran Closes Strait of Hormuz Accusing US and Israel of Ceasefire Violation
Iran announced the closure of the Strait of Hormuz, accusing the United States and Israel of violating a ceasefire agreement due to continued Israeli strikes.
Iran's IRGC Confirms Closure of Strait of Hormuz to All Vessels
The Islamic Revolutionary Guard Corps (IRGC) has officially announced that the Strait of Hormuz is closed to all vessels, warning that any approaching ships face a security risk.
Iran Announces Closure of Strait of Hormuz Over US-Israeli Violations
Iran's top military command has declared the Strait of Hormuz closed, citing violations by the US and Israel. It warns that further measures will follow if the aggression continues.
Trump Criticizes Italy's Meloni Over Iran Stance, Runway Refusal
In a Truth Social post, former U.S. President Donald Trump attacked Italian Prime Minister Giorgia Meloni, accusing her of repeatedly seeking a photo with him at the G-7 summit and of previously denying the U.S. use of Italian runways during operations against Iran's nuclear program.
Lapid: Netanyahu Failed to Get Gulf States as Iran Partners
Israeli opposition leader Yair Lapid criticized Prime Minister Netanyahu for failing to bring Gulf states into a strategic partnership on diplomatic, economic, and regional fronts against Iran.
Iran’s Official Medicine Market Hollowed Out by Policy Instability and Currency Crisis
Industry figures and officials warn that policy instability, currency disruptions, and shortages are driving patients toward illegal sellers and counterfeit drugs in Iran.
Trump Claims Military Defeat of Iran on Truth Social
Former President Donald Trump posted on Truth Social that his administration completely defeated Iran militarily, contrasting his approach with those of Presidents Obama and Biden.
Israeli Strikes Kill Seven in Lebanon Hours After Ceasefire Report
Lebanese state media reported at least seven fatalities from overnight Israeli strikes on Saturday, just hours after three diplomats briefed CBS News on a ceasefire agreement between Israel and Hezbollah.
Iranian Military Unit to Conduct Controlled Explosions in Southern Iran
The Al-Mahdi Special Forces Brigade will carry out controlled explosions of unexploded ordnance near Mohammadabad township in Jahrom, southern Iran, starting Saturday.
Iran Deputy Minister Warns of 'Historic Defeat' if War Continues
Iran's deputy minister said the country could inflict another 'historic defeat' on its enemy if war continues, while also expressing readiness for investment and development if conditions allow.
Ukraine's Energoatom Hit by $100M Corruption Scandal
Ukraine's state nuclear operator Energoatom, which supplies over 60% of the country's electricity, was implicated in a $100 million kickback scheme uncovered by anti-corruption authorities in November.
Ukraine's Nuclear Company Corruption Unresolved Seven Months After Scandal
Kyiv vowed to clean up corruption at Ukraine's state-run nuclear company, but seven months after the country's most significant wartime corruption scandal, the old system remains largely intact.
US-Iran Memorandum Could Resume Oil Sales, Giving Tehran $60 Billion Annually
A potential US-Iran memorandum may allow Iran to resume oil and fuel sales, generating over $60 billion a year in revenue, according to the Wall Street Journal.
Switzerland Meeting Postponed as Spokesperson Cites No Urgency
A planned meeting in Switzerland has been postponed, according to a Foreign Ministry spokesperson, who noted that the digital signing of an agreement text early on May 18 removes any immediate urgency. A new date is expected in the coming days.
Strait of Hormuz Remains Open; Ships Advised to Use Southern Transit Route
A leading maritime security information group advises commercial vessels to continue transits through the Strait of Hormuz using the southern shipping route, day and night, while keeping AIS transponders active.