Trump, Israel and Iran
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With the Fed’s policy decision around the corner, markets digested a 0.9% drop in May sales and fresh volatility in oil, which surged over 3% on renewed escalation between Israel and Iran.
German Chancellor Friedrich Merz commented on Tehran's weakened position following recent Israeli attacks. He highlighted the uncertainty of Iran's future, noting that European nations are ready to assist diplomatically if talks resume.
The G7 summit in Canada opens amid global tensions. World leaders are faced not only with economic challenges from the trade war launched by the United States, but also with growing geopolitical tensions,
U.S. markets end higher as tensions ease between Israel and Iran, while all eyes remain on Fed's rate decision. Asian markets mostly down.
The ongoing Israel-Iran conflict could trigger global instability, spike oil prices, disrupt trade routes, increase inflation, and strain diplomatic relations, forcing countries like India into comple
U.S.-Iran nuclear talks collapsed after Israel’s strikes on Iran, escalating tensions and threatening Iranian leadership
G7 leaders condemned Iran for being the "principal source of regional instability and terror." Group of Seven leaders on Tuesday affirmed unified support for Israel and called for a resolution to the escalating regional tensions, as it trades military strikes with Iran.