US moves to tap Iranian assets after strikes hit Kuwait, Bahrain
Why it matters: The step could deepen the US-Iran standoff as ceasefire talks falter and Gulf allies seek compensation for damage.
Bloomberg, The Straits Times
#United States
16 stories on this subject
Zelensky seeks Putin meeting to halt war, with ceasefire first
What's new: Trump backed direct talks, and the Kremlin said Zelensky could come to Moscow if he wants negotiations.
Antara News, Bloomberg +5
Hormuz traffic stays near zero as US-Iran talks stall at 100 days
Why it matters: Fewer than a handful of daily transits through the chokepoint are straining oil, fertilizer and fuel supplies from Asia to Europe.
Bloomberg, The Straits Times
US uncovers 610-meter drug tunnel from Tijuana to San Diego
The passage had electricity, ventilation, reinforced walls and rails; four people were charged after a US$45 million cocaine seizure.
Kim pledged exponential nuclear buildup after touring new plant
What's new: KCNA reported weapons-grade nuclear material output more than doubled over the past five years.
Antara News, Bloomberg +3
US-Iran talks stall as strikes widen and Lebanon truce frays
Why it matters: The impasse clouds a 2-month extension tied to reopening the Strait of Hormuz and wider nuclear talks.
Bloomberg, The Straits Times
Iran talks stall as strikes test truce and Hormuz deal
What's new: Tehran reported no tangible progress, even as Trump pushed for a weekend breakthrough and Gulf tensions flared again.
Bloomberg, The Straits Times +1
Rubio says Iran opened nuclear talks as Trump disputes media cutoff
What’s new: Tehran is discussing parts of its nuclear program it had previously refused to address, Rubio told senators.
Bloomberg, CNBC +4
US grants Iran team visas 10 days before World Cup opener
What's new: Washington cleared players and necessary staff, but signaled it will screen out anyone tied to the IRGC.
Tribunnews, The New York Times +2
Israel strike near Tyre hospital in Lebanon kills several, wounds 23
Why it matters: The blast damaged Jabal Amel Hospital and cut power to its intensive care unit amid wider talks on ending the war in Lebanon.
US strike on alleged drug boat in eastern Pacific kills 3
What's new: The attack was the fourth reported this week and pushed the death toll in the campaign past 200.
CNN Indonesia, NPR
WHO chief visits Congo Ebola epicenter as cases top 900
WHO's director-general visited Bunia as Congo's Ebola outbreak reached 906 suspected cases and aid groups warned the response is lagging.
Antara News, The New York Times +2
Colombia runoff set between De la Espriella and Cepeda
Colombia's presidential race is headed to a June 21 runoff after Abelardo de la Espriella led Iván Cepeda in the first round.
BBC News (World), PBS NewsHour
US added 172,000 jobs in May as unemployment held at 4.3%
Why it matters: stronger hiring and upward revisions for March and April reduce pressure on the Fed to cut rates soon.
Bloomberg, NPR +2
Oil settles at 1-week high as Hormuz shutdown keeps supply tight
What's new: Brent closed at $96 and WTI at $93.76 as the market weighed stalled US-Iran contacts and a largely shut strait.
Global stocks wobble as Iran-US strikes lift oil above $94
Why it matters: Brent jumped as much as 6.5%, fueling inflation worries and pressuring bonds even as AI-linked shares stayed strong.
CNBC, Channel News Asia +1