Trump claims breakthrough talks with Gulf leaders, Israel, and Iran could ease tensions around the world’s most critical oil chokepoint.
Markets
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BlackRock may invest up to $10 billion as investors bet on Starlink—not rockets—as SpaceX targets a record Nasdaq debut.
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Rising Treasury yields and Middle East tensions complicate a leadership transition at the world’s most powerful central bank.
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Jensen Huang joins Trump’s China delegation as AI, tariffs and Boeing deals dominate high-stakes talks in Beijing
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Vietnam’s EV maker shifts factories and debt off its books in a high-stakes push for profitability by 2027
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LifeReviews
US Inflation Hits Three-Year High as Iran Crisis Fuels Costs
by Dean Dougnby Dean DougnEnergy shock tied to Hormuz tensions pushes US inflation to 3.8%, complicating Trump’s economic agenda
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Markets tumble as Trump warns ceasefire is “on life support,” sending oil and bond yields sharply higher.
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Stocks turn mixed as investors bet geopolitical fears still won’t derail the global rally
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BUSINESSFutures & Commodities
Oil Rebounds as U.S.-Iran Deal Hangs in Balance
by Daphne Dougnby Daphne DougnMarkets brace for Iran’s response as traders weigh war risks, Fed pressure, and the future of global energy flows.
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Markets retreat as oil prices surge on renewed Iran tensions despite AI-driven rally and strong earnings momentum