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The Latest Breaking News from Iran

Congressional leaders plead with their absentee lawmakers: "You've got to come"

An Iran war powers resolution failed in a tie vote with a half dozen House members absent.

Axios

Xi Warns Trump Of "Clashes And Conflicts" As Tense US–China Summit Progresses

A high-stakes summit in Beijing between US President Donald Trump and Chinese President Xi Jinping has revealed both sharp tensions and limited points of cooperation, even as both sides tried to project warmth in public.

Latin Times

Jimmy Fallon mercilessly mocks Donald Trump’s negotiating skills with Iran jab

IN FULL

The Independent UK

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Defense Department not investigating reports of US bombing schools and hospitals in Iran, military chief says

Central Command Admiral Brad Cooper dismisses in-depth reporting on the alleged scale of destruction from US airstrikes

The Independent UK

Iran is threatening undersea cables. The world’s ‘digital chokepoints’ have never been more vulnerable

Early this week, Iranian state-linked media floated a plan to charge the operators of undersea internet cables in the Strait of Hormuz for access to what they say is Iran’s offshore territory.

The Conversation

‘If you don’t help us’: Lindsey Graham delivers an ultimatum to Beijing the same night Trump is shaking hands with Xi Jinping

Someone needs to remind him that he’s not the President.

We Got This Covered

Vance Says White House Has 'A Lot Of Work To Do' After Trump's On Americans' Finances

Vice President JD Vance said the Trump administration has "a lot of work to do" on the economy after President Donald Trump faced backlash for saying Americans' financial struggles were not motivating his push for a deal with Iran.

International Business Times

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Crude Oil Prices Supported by Closure of Hormuz

June WTI crude oil (CLM26 ) on Thursday closed up +0.15 (+0.15%), and June RBOB gasoline (RBM26 ) closed down -0.0130 (-0.36%). Crude oil and gasoline prices settled mixed on Thursday. Crude prices pushed higher on Thursday as peace talks between the US and Iran remain in limbo, keeping global...

Barchart

Iraq's parliament approves partial Cabinet lineup

Iraq's parliament has approved the government program and part of the Cabinet lineup of Prime Minister-designate Ali al-Zaidi

The Independent UK

Who Is Golshifteh Farahani? The 'Pirates of the Caribbean' Iranian Actress Suddenly Linked to the Macron Slap Drama

Golshifteh Farahani is the Iranian-born actress suddenly at the center of one of the strangest political gossip storms in France, after a new book alleged that messages exchanged with President Emmanuel Macron may have contributed to the infamous viral moment in which First Lady Brigitte Macron appeared to shove or…

Latin Times

Trump Says Xi Offered Help To Make a Deal With Iran And 'Would Like To See The Hormuz Strait Open'

President Donald Trump said on Thursday that U.S. counterpart Xi Jinping offered him help to strike a deal with Iran and would "like to see the Hormuz Strait open" as the stalemate between the two countries continues.

International Business Times

Iran war crisis: With long-term vision, India could turn turmoil into triumph

India confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crunch time. The nation's reliance on imported crude oil is a key vulnerability. Capital outflows and trade disruptions are impacting the currency. The Reserve Bank of India must…

The Economic Times

The gilt market will hover over any Labour leadership contest

The Iran war is the bigger story – but the bond market is primed to deliver a kick if extreme positions arise from a formal race

The Guardian - UK

'An aggressor': Iran tells UAE to ‘accept responsibility’ as tensions flare at Brics meeting in New Delhi

Iran accused the UAE of direct military involvement in attacks against Tehran during a BRICS meeting, escalating tensions. Tehran claims Abu Dhabi facilitated aggression and warned of retaliation against facilities aiding US or Israeli operations. This dispute complicates efforts to finalize a joint BRICS communique.

The Times of India

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Latin Times

Ilhan Omar Says Trump's Cognitive Decline Has Been Visible "For a Very Long Time"

Rep. Ilhan Omar said President Donald Trump's apparent cognitive decline has been visible "for a very long time," sharpening one of her most personal criticisms of the president just as he headed into a high-stakes trip to China dominated by the Iran war, the Strait of Hormuz and fears of…

The Mary Sue

Americans are paying $4.5 a gallon for gas but Trump’s only focus is Iran’s nukes, not your wallet

Americans are shelling out $4.50 for a single gallon of gas, but the White House seems more fixated on Iran’s nuclear program than the pain at the pump. That’s the blunt takeaway after the president made it clear this week that the financial struggles of everyday people aren’t even a…

The Mary Sue

The US-Israeli war on Iran just turned Japan’s snack shelves into a graveyard of black-and-white bags, and the crisis is far from over

The U.S.–Israeli war on Iran just turned Japan’s snack shelves into a ghost town of black-and-white bags, and the crisis is showing no signs of slowing down. Bright colors are gone, replaced by stark monochrome designs. The reason? A critical ink shortage caused by the war’s chokehold on global oil…

The Times of India

Trump says Xi vowed not to arm Iran, offered help to open Hormuz

US President Donald Trump has said that Chinese President Xi Jinping had offered China’s help to reopen the Strait of Hormuz and pledged not to provide military equipment to Iran amid its war with the United States and Israel.

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The Independent UK

US stock market jumps sharply today with Dow hitting 50,000 for first time since Iran war

Questions do persist regarding the sustainability of U.S. consumer spending, given rising oil prices and inflation exacerbated by the Iran war

The Times of India

The art of the kneel: China hands Donald Trump a reality check about its rise

TOI correspondent from Washington: If symbolism is the first language of diplomacy, then US President Donald Trump’s visit to Beijing this week amounted to a geopolitical translation of a changing world order: a confident, ascendant China speaking as an equal — if not superior — power to an American president…

The Economic Times

Xi tells Trump that mishandling of Taiwan could spark conflict

Chinese President Xi Jinping met with US President Donald Trump for trade talks. Xi Jinping stated that trade negotiations were progressing positively. However, he issued a strong warning regarding Taiwan, emphasizing that disagreements over the island could lead to a dangerous path and potential conflict between the two nations. The…

The Guardian - US

When will the Iran war end? The US can’t even decide when it began

A state department document seeks to justify the war as part of a years-long conflict

Barchart

Crude Oil Prices Slip on Dollar Strength

June WTI crude oil (CLM26 ) today is down -0.19 (-0.19%), and June RBOB gasoline (RBM26 ) is down -0.0534 (-1.48%). Crude oil and gasoline prices are under pressure today from a rally in the dollar index ($DXY ) to a 2-week high. Also, signs that OPEC+ may boost its...

The Economic Times

A tiny oil lifeline reopens through tense Hormuz after months of chokehold

More oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil have exited the waterway recently. Some vessels are traveling with their satellite signals off. This makes tracking difficult. Iran has allowed Chinese ships to pass. Other oil…

Roll Call

At the Races: Hitting the gas

Welcome to At the Races! Each week we bring you news and analysis from the CQ Roll Call campaign team. Know someone who’d like to get this newsletter? They can subscribe here. By Niels Lesniewski, Mary Ellen McIntire and Daniela Altimari As the Iran war continues to roil global oil markets, rising…

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