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.
The Straits Times, Bloomberg
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25 stories on this subject
Pentagon raises Israel espionage threat in US to critical
Why it matters: The warning could curb intelligence sharing as Washington and Israel coordinate military operations and Iran talks.
Earlier: Pentagon raises Israel espionage threat in US to criticalSeries: Israel · US Espionage Dispute · 2 chapters since Jun 4Iran fires at bases in Kuwait and Bahrain after US hits radar sites
Why it matters: The exchange further strains an April ceasefire and keeps pressure on Strait of Hormuz shipping and oil flows.
US hits Iran radar sites on Qeshm after intercepting 7 missiles
The US said six Iranian missiles were intercepted and one missed its target, sharpening risks to shipping in the Strait of Hormuz.
Antara News, Republika +3
Witkoff, Kushner tap Oak Ridge experts for Iran nuclear talks
Why it matters: The outreach pulls US weapons scientists into planning over Iran's enriched uranium, a central obstacle to any deal.
Earlier: U.S. House approves limits on Trump war powers over IranSeries: United States · Iran War Negotiations · 9 chapters since May 28WFP warns Middle East conflict could push 45 million toward hunger
What's new: Aid delivery in Afghanistan now can take up to 75 days, and WFP expects to reach 1.5 million fewer people in 2026.
The Straits Times, Bloomberg
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.
The Straits Times, Bloomberg
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.
The Straits Times, Bloomberg
Iran fires warning missiles, drones at US warships in Gulf of Oman
What's new: The confrontation followed a US interception of the sanctioned stateless tanker M/T DAVINA in the Indian Ocean.
The Straits Times, Axios
US-Iran talks stall as Hezbollah rejects Lebanon truce
What's new: Iran reported no tangible progress, while fresh attacks killed at least 8 in Lebanon and hit Kuwait and Bahrain.
Israel, Lebanon reach ceasefire as US-Iran talks stay open
What's next: Lebanon's president said the truce would take effect within 24 hours once all parties approve it.
Trump urges Netanyahu to stop Israeli strikes on Beirut
Trump said no Israeli troops would enter Beirut as the flare-up briefly disrupted U.S.-Iran negotiations.
BBC News (US & Canada), Republika +2
House backs 215-208 measure to halt US military action in Iran
What's next: The measure is unlikely to take effect unless the Senate passes a similar resolution and Congress overrides an expected veto.
The Straits Times, The New York Times +7
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.
The Straits Times, Bloomberg +1
Iran strike kills 1 at Kuwait airport as US hits Qeshm Island
Why it matters: Oil rose more than 2% as fighting again threatened the Strait of Hormuz, a key route for global energy shipments.
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
Ship traffic through Strait of Hormuz rises as US guides crossings
Why it matters: More sailings could ease pressure on oil, gas and goods flows after months of war disruption and stranded vessels.
The Straits Times, The Business Times (Singapore) +4
Israel, Hezbollah accept partial ceasefire as clashes persist in Lebanon
What's new: Rockets, airstrikes and evacuation warnings continued after the deal, complicating wider U.S.-Iran truce talks.
BBC News (World), PBS NewsHour +1
US-Iran war deal stalls as Trump seeks edits to draft pact
What's new: Trump said he is in no hurry, while negotiators are still wrangling over nuclear terms and reopening the Strait of Hormuz.
BBC News (US & Canada), CNBC +1
Trump seeks more changes to proposed US-Iran deal framework
President Donald Trump is pushing additional edits to a proposed US-Iran framework tied to a ceasefire, Hormuz shipping and nuclear talks.
BBC News (World), The New York Times
Global food prices dipped 0.2% in May, staying near 3-year high
What's new: cereal prices rose 2.6%, sugar jumped 7.5%, and the FAO expects 2026/27 world cereal output to fall 2%.
The Straits Times, Bloomberg
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.
Oil drops more than 3% as Israel-Lebanon truce lifts Iran deal hopes
Why it matters: A Hormuz reopening would ease a major threat to nearly a fifth of global crude flows and inflation fears.
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.
Channel News Asia, The Business Times (Singapore) +1
Oil slips as US-Iran talks keep Strait of Hormuz reopening in play
What's next: Traders are watching for a deal within a week as tanker traffic stays far below prewar levels and keeps a risk premium in crude.
The Business Times (Singapore), Bloomberg +2