US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial - AP News

US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial  AP News

US extends waiver allowing countries to buy Russian oil - Reuters

US extends waiver allowing countries to buy Russian oil  Reuters

Iran says Strait of Hormuz is 'open' but tracking shows few ships moving

US President Donald Trump welcomed Tehran's announcement but said the US naval blockade would continue until a peace deal was reached.

Trump Spat Gives Spain Leader Pedro Sánchez a Political Lifeline

To leftists abroad, Prime Minister Pedro Sánchez of Spain is a hero for standing up to President Trump. At home, Mr. Trump is seen as Mr. Sánchez’s political savior from thorny domestic challenges.

By Jason Horowitz

Trump’s Efforts to Strong-Arm Iran Into Deal Spark Optimism—and Confusion - WSJ

Trump’s Efforts to Strong-Arm Iran Into Deal Spark Optimism—and Confusion  WSJ

Pope Leo XIV: the pontiff at war with the White House

The Chicago-born pope has offered an alternative vision of Catholicism — and American power

Two weeks that pushed Trump to the edge. Is his presidency unravelling?

The president has opened fissures in his base by starting a war he couldn’t finish with Iran, stoking inflation and offending Christians. Barred from running again, he may feel he has nothing to lose Lance Johnson voted for Donald Trump three times. Now he is feeling buyer’s remorse. “I haven’t been too happy with the third time around,” said the 47-year-old contractor, sitting at a bar in Crescent Springs, Kentucky. “We’re supposed to not start any new wars. Prices were supposed to come down...

By David Smith in Washington

Iran says Strait of Hormuz is open

Iran said the Strait of Hormuz is now open to all commercial traffic. We examine the possible global economic repercussions should oil and gas shipments start flowing again in significant numbers.

By Fatima Al-Kassab

Iran war live: Tehran says Trump made ‘false’ claims, amid peace talks

Tens of thousands of people forcibly displaced by Israeli attacks on Lebanon use first day of ceasefire to return home.

Harris blames Trump for rising gas prices — after once saying they're the 'price to pay for democracy'

Kamala Harris blasts Trump over surging gas prices tied to the Iran war, but her 2022 remarks on fuel costs and democracy highlight a stark contrast.

US lifts sanctions on Russian oil despite earlier assurances

The US has eased sanctions on Russian oil shipments for 30 days, despite earlier assurances that such licences would not be renewed.

By Ivan Diakonov

Video shows ships turning away from the Strait of Hormuz as confusion reins over whether sea lane is really open

The Strait of Hormuz remained effectively closed despite Iran's declaration Friday that it is open, maritime freight and oil analysts told CNBC.

US court lets Trump resume work on US$400 million White House ballroom – for now

A US appeals court allowed President Donald ⁠Trump’s administration on ⁠Friday night to continue construction ⁠of a US$400 million ballroom on the site of the White House’s demolished East Wing, setting a June hearing to review a Washington judge’s order halting the project. An order by a three-judge ‌panel of the US Court of Appeals for the District of Columbia Circuit put the lower court’s preliminary injunction on hold for now, giving the panel time to consider the US Justice Department’s...

By Reuters

US extends waiver allowing purchase of Russian oil

The US has renewed a waiver permitting countries to buy Russian oil for another month. The decision came two days after the Trump administration had said it had no plans to extend the waiver.

North American Iron: Can Domestic Pig Iron Production Reduce U.S. Import Dependence? - The Globe and Mail

North American Iron: Can Domestic Pig Iron Production Reduce U.S. Import Dependence?  The Globe and Mail

Middle East live: Iran threatens to close Strait of Hormuz again if US blockade continues

Tehran on Saturday threatened to cut off access to the Strait of Hormuz again if the United States maintains its blockade of Iranian ports, raising fresh doubts over recent progress following a ceasefire in Lebanon. Follow our live blog for the latest updates.

By FRANCE 24

'Banks Are Coming'—Wall Street Bitcoin Rush Targets $189K - Forbes

'Banks Are Coming'—Wall Street Bitcoin Rush Targets $189K  Forbes

Price of oil tumbles as Iran, Trump declare Strait of Hormuz ‘completely open’ - SMH.com.au

Price of oil tumbles as Iran, Trump declare Strait of Hormuz ‘completely open’  SMH.com.au

Iran rejects 'traditional toll' but plans fees to secure Hormuz - what it means

Iran is planning to implement new transit fees to regulate ship movement through the Strait of Hormuz, requiring prior coordination with Iranian authorities for passage. While "friendly" vessels will be permitted, "hostile military vessels" from the US and Israel will be denied entry. Iran asserts its sole control over the strait's management and security.

By TOI BUSINESS DESK

Wall Street Remains Mostly Bullish on Netflix Stock Despite Softer Q2 Forecast

Netflix shares were down 10% in premarket trading Friday after the streaming giant reported a slight beat in first-quarter 2026 revenue but forecast lighter-than-expected Q2 sales and operating income. For Q2, Netflix forecast revenue growth of 13% and operating margin of 32.6% (compared with 34.1% in the year-ago quarter); it said operating income will be […]

By Todd Spangler

Trump made ‘7 false claims in 1 hour’: Iran on US’ peace deal narrative

While Donald Trump has flooded social media with celebratory claims, Iran refuses to accept US terms on nuclear material and the naval blockade.

‘Maybe I won’t extend it’: Donald Trump warns Iran ceasefire may end without agreement

Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open - The Straits Times

Wall Street indexes hit record highs as oil falls with Strait of Hormuz declared open  The Straits Times

Trump says he has 'good news' on Iran, offers no clarity on peace deal

President Donald Trump said there had been "some pretty good news" about Iran, suggesting optimism about peace talks to end the war in the Middle ‌East, but he said a ceasefire in the conflict may not be extended without a deal by Wednesday. Iran hours earlier had temporarily reopened the Strait of Hormuz following a separate US-brokered ceasefire agreement by Israel and Lebanon. But subsequent statements from both sides left uncertainty over how quickly shipping might return to normal through t

By The Korea Herald

US extends sanctions waiver on purchases of Russian oil

US President Donald Trump's administration has issued a month-long sanctions waiver allowing the sale of Russian oil and petroleum products that are at sea, extending an earlier move to soften surging energy prices.

Trump says US blockade of Iranian ports will ‘remain’ if no deal reached

President Donald Trump said late Friday he planned to maintain a US blockade of Iranian ports if a peace deal with Tehran is not reached, adding that he may not extend the ceasefire after its expiration. Iran reopened the Strait of Hormuz on Friday in the wake of a ceasefire deal between Israel and Lebanon, though Tehran threatened to close the vital waterway once again if the US blockade continues. A ceasefire between Tehran and Washington is due to expire on Wednesday. “Maybe I won’t extend...

By none@none.com (AFP)

"US Will Start Dropping Bombs Again If No Deal Reached": Trump Warns Iran

Direct talks between the US and Iran last weekend were inconclusive, as the two nations could not agree about Iran's nuclear program and other points.

Strait of Hormuz is open, says Iran, as Donald Trump suggests deal to end war could be reached ‘soon’

Iranian foreign minister Abbas ­Araghchi yesterday said the Strait of Hormuz was open following a ceasefire agreement in Lebanon, while US president Donald Trump said talks could take place this weekend and he believed a deal to end the Iran war would come “soon”.

U.S. renews Russian oil waiver after pressure from countries dealing with Iran war price shocks 

U.S. lawmakers from both sides of the political aisle accused the government of going easy on Moscow ​as its war on Ukraine grinds on.

Albanese welcomes reopening of Strait of Hormuz but says arrangement still "very fragile"

Iranian Foreign Minister Abbas Araqchi declared the Strait of Hormuz "completely open" shortly after the summit began.

Shipping firms seek clarifications before crossing Hormuz as tankers move towards Strait

A group of around 20 ships, including container ships, bulk carriers, and tankers, was seen moving in the Gulf towards the exit via the Strait of Hormuz, according to ship tracking data.

Netflix Stock Walloped As Wall Street Questions Its Post-Warner Path

Netflix stock fell 10% Friday, with many Wall Street analysts raising questions about the company’s strategic direction. The company’s first-quarter results, released after the close of Thursday trading, beat expectations for revenue and earnings, but its financial guidance for the second quarter undershot analysts’ forecasts. That shortfall and the news that co-founder and longtime ex-CEO […]

By Dade Hayes

Trump warns of renewed Iran bombing as ceasefire end approaches — but says deal is close

US President Donald Trump warned on Friday that he may allow the ceasefire with Iran to lapse by Wednesday unless a long-term agreement to end the war is reached, even as Iran temporarily reopened the Strait of Hormuz and peace talks continued through back channels. “Maybe I won’t extend it, but the blockade is going […]

By Newsroom

Gold rises to one-month high as Strait of Hormuz called 'completely open'

Trump says he has ‘good news’ on Iran, no clarity on peace deal

Iran temporarily reopens the Strait of Hormuz following a separate US-brokered ceasefire agreement by Israel and Lebanon

By Reuters

'Fragile situation': Luxon meets with world leaders as Iran declares Hormuz open - NZ Herald

'Fragile situation': Luxon meets with world leaders as Iran declares Hormuz open  NZ Herald

Iran threatens to shut Strait of Hormuz if US naval blockade persists - The Kyiv Independent

Iran threatens to shut Strait of Hormuz if US naval blockade persists  The Kyiv Independent

Oil crashes 10%+ as Iran flips script: Hormuz 'open' after Israel-Lebanon truce - Gulf News

Oil crashes 10%+ as Iran flips script: Hormuz 'open' after Israel-Lebanon truce  Gulf News

Pope slams AI abuse after Trump's Jesus post

Pope Leo XIV on Friday warned that the AI boom could fuel "conflict, fear and violence" while on a trip to Cameroon marked by his ongoing spat with U.S. President Donald Trump.

Iran declares Strait of Hormuz ‘completely open’

“In line with the ceasefire in Lebanon, the passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” he said. The post Iran declares Strait of Hormuz ‘completely open’ appeared first on Premium Times Nigeria.

By Beloved John

Tanker Armada Races For Hormuz After Iran Says Strait Is Open

Tanker Armada Races For Hormuz After Iran Says Strait Is Open An armada of at least eight oil tankers set off toward the Strait of Hormuz immediately after Iran’s foreign minister said the vital waterway was fully open to shipping. Five of the carriers, which had been anchored north of Dubai, were moving into the waterway on Friday afternoon, soon after Iran’s foreign minister said it was completely open, vessel tracking data compiled by Bloomberg show. Three more, which were wa...

By Tyler Durden

Iran's foreign minister says Hormuz Strait is open during ceasefire - The Star

Iran's foreign minister says Hormuz Strait is open during ceasefire  The Star

Hormuz passage 'completely open' to commercial ships during ceasefire — Iran FM - Jordan Times

Hormuz passage 'completely open' to commercial ships during ceasefire — Iran FM  Jordan Times

Iran threatens to again close Hormuz if US blockade continues

Tehran threatened on Saturday to shut the Strait of Hormuz once more if the United States continues its blockade of Iranian ports, hours after Iran announced it had reopened the strategic waterway in the wake of a ceasefire in Lebanon. The post Iran threatens to again close Hormuz if US blockade continues appeared first on Vanguard News.

By Henry Oduah

A naval blockade would be extremely costly for the United States - Tehran Times

A naval blockade would be extremely costly for the United States  Tehran Times

How two ceasefires and 'opening' of Hormuz could boost Iran talks - the-star.co.ke

How two ceasefires and 'opening' of Hormuz could boost Iran talks  the-star.co.ke

UK and France to lead defensive mission in Strait of Hormuz

The UK and France will lead a multinational mission to protect commercial shipping routes in the Strait of Hormuz, Sir Keir Starmer has said.

By David Apinga

Delcy’s Make-or-Break Central Bank Appointment

This week, the US opened the door to a new era for Venezuela’s financial institutions. Everything now hinges on who will lead the central bank

By Juan Comella

Trump hopes Hezbollah 'acts nicely' during truce, says 'great' for them if they do - Naharnet

Trump hopes Hezbollah 'acts nicely' during truce, says 'great' for them if they do  Naharnet

Strait of Hormuz traffic to follow Iran-designated route under Iranian coordination: FM spox - PressTV

Strait of Hormuz traffic to follow Iran-designated route under Iranian coordination: FM spox  PressTV

Iran says Hormuz Strait open after Lebanon truce, Trump expects Iran deal 'soon' - thecitizen.co.tz

Iran says Hormuz Strait open after Lebanon truce, Trump expects Iran deal 'soon'  thecitizen.co.tz