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US Warns India on Strait of Hormuz Compliance, Oil Shipments
The US State Department has ordered all commercial vessels in the Strait of Hormuz to comply with US directives, warning India against any blockade violations or Iranian oil shipments.
Iranian Banks Hit by Widespread Mobile Banking and ATM Outages
Multiple Iranian banks report disruptions to mobile banking, ATMs, card services, and point-of-sale networks, impacting digital payments across parts of the country amid ongoing connectivity issues.
Ships Avoid Iranian Waters in Strait of Hormuz, Use Omani Routes
Maritime data shows no commercial vessels used Iranian traffic lanes in the Strait of Hormuz over the past 24 hours, instead routing through Omani channels amid ongoing safety concerns.
Iranian Leaders Show Growing Consensus on Negotiating Red Lines for US Deal
A think tank reports that Iranian leaders are increasingly aligning on setting negotiating red lines for a potential agreement with the US, with Tehran framing the deal as a temporary war pause rather than a final settlement.
US-Iran MOU Signing Reportedly Planned Via Video as Mediators Seek Quick Deal
A plan for a U.S.-Iran Memorandum of Understanding signing via video has emerged in the last 24 hours, as mediators push to finalize the deal quickly amid concerns delays could trigger an incident that derails the agreement.
Iran MP: Proposed US-Iran MOU Violates All Leader's Red Lines
Iranian MP Mohammad Manan Raisi states that the proposed US-Iran memorandum of understanding, reportedly set for Sunday signing, breaches all red lines of the Supreme Leader. A Qom lawmaker calls on officials to show honor as hardliners intensify opposition.
Iran Official: Two Key Issues Unresolved in US-Iran MOU; Deal Possible if US Position Acceptable
An Iranian official stated that two key issues remain unresolved in the proposed U.S.-Iran memorandum of understanding, but a deal could be signed quickly if the U.S. position on those issues is acceptable. Iran believes the Trump administration wants the agreement finalized before the G7 summit.
Trump Pushes for US-Iran Deal Signing Sunday Despite Tehran's Resistance
President Trump is pressing for a US-Iran memorandum to be signed on Sunday, even as Iranian officials insist the deal is not final. Some in Tehran believe Trump wants the announcement to coincide with his birthday.
US Official: Iran Deal to Reopen Strait of Hormuz, End Naval Blockade
A US official described the agreement as 'fantastic' and 'very strong', with the next phase focusing on mine clearance to restore safe commercial shipping through the strategic Strait of Hormuz. The deal would also lift the US naval blockade in parallel.
Amazon CEO Warns Trump Officials About Anthropic AI Security Risks
Amazon CEO Andy Jassy reportedly warned Trump administration officials about security risks linked to Anthropic's advanced AI models, according to The Information.
White House Restricts Anthropic Exports Over China AI Access Fears
Semafor reports that US export restrictions on Anthropic are driven by concerns that Chinese actors could access its advanced AI models, posing national-security risks.
AI Boom Drives Record US Inflation in Software and Memory Prices
Consumer software prices surged 14.5% YoY in May, the biggest annual increase on record, while electronic component producer prices jumped 27% YoY, also a record. Memory chip prices more than doubled, with DDR5 and DDR4 RAM up 290% YoY, as AI data centers absorb global supply.
Solar surpasses coal in US electricity generation for first full month
Solar energy accounted for 12.8% of US electricity production in May, edging past coal at 12.2% — a historic first for a full calendar month.
US Small Business Hiring Plans Hit 10-Year Low, Payrolls at Risk
Only 9% of US small business owners plan to hire in the next three months, the lowest since May 2020 and a 10-year low excluding the pandemic. Historically, this indicator leads private payrolls by about four months, suggesting nonfarm payroll growth could turn negative by Q3.
Weekend Markets Mostly Up, Oil Slips Nearly 3%
Major equity indexes in the U.S., Europe, and Asia posted modest gains over the weekend, while crude oil dropped 2.73%.
Global High-Yield Credit Stress Surges: CCC-BB Spread Hits 14-Month High
Investors now demand an extra 6.4 percentage points of yield for CCC-rated global corporate bonds over BB-rated bonds, the widest premium in 14 months. The ratio of CCC to BB spreads has hit 4.8x, the largest gap in at least 12 years, signaling a historic divergence in junk-bond credit risk.
Israel Refuses to Withdraw from Southern Lebanon Under Iran Agreement, Talks Ongoing
Israeli security sources say the military will not leave the safe zone in southern Lebanon as part of the agreement with Iran; the issue will be discussed in upcoming talks.
Israel reportedly preparing to halt Lebanon operations as part of US-Iran deal
Citing security sources, the Israeli Broadcasting Authority reports that the military is getting ready to cease ground operations in Lebanon as part of a deal being finalized between Washington and Tehran.
Israel Retains Right to Self-Defense but Must Coordinate Military Action with US
A report from Israel Hayom states that Israel would not be required to sign any agreement with Iran and retains the right to defend itself, though any military action must be coordinated with the United States.
Trump Says Iran Deal to Be Signed Sunday, Strait of Hormuz to Reopen Immediately
U.S. President Donald Trump stated that the Iran deal is scheduled to be signed on Sunday, and that the Strait of Hormuz will be open to all immediately after the agreement is signed.
Trump Claims New Iran Deal Blocks Nuclear Weapons, Opens Hormuz Strait
In a Truth Social post, President Trump says his agreement with Iran, set to be signed tomorrow, prevents Iran from obtaining a nuclear weapon and opens the Strait of Hormuz to all traffic. He contrasts it with the Obama-era JCPOA, stating no money will be exchanged.
Global Tech Funds See Record $12.3 Billion Inflows in Week
Global technology funds attracted $12.3 billion in the week ending June 10, the largest weekly inflow since at least 2017, driven by leveraged S&P 500 and semiconductor ETFs.
Nasdaq 100 Volatility Surges to Highest Since April 2025
The Nasdaq 100 has recorded five consecutive sessions with at least a 1% daily move, the longest streak since August 2024. The VXN volatility index jumped 49% in five days to its highest level since April 2025.
Qatar Reaffirms Support for Pakistan's Peace Efforts
Qatar's Prime Minister and Foreign Minister reiterated support for Pakistan's peaceful resolution of a crisis, urging all parties to cooperate for a comprehensive peace agreement.