The national average price for regular gasoline fell below $4 a gallon for the first time since March after a preliminary U.S.-Iran agreement to end the war and reopen the Strait of Hormuz. Prices remain well above prewar levels, and experts warn broader cost pressures may persist.
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Janeese Lewis George is poised to become Washington, D.C.’s next mayor after Kenyan McDuffie conceded the Democratic primary. Her campaign centered on childcare, education, housing and a more confrontational stance toward President Donald Trump.
Commercial ships began moving through the Strait of Hormuz after the U.S. and Iran signed a memorandum to extend a ceasefire and begin new talks. The agreement faces early tests over Iran’s nuclear program and Israel’s continued military presence in southern Lebanon.
The Supreme Court unanimously sided with Ali Danial Hemani, a Texas marijuana user charged under a federal ban on gun possession by unlawful drug users. The justices said the ruling was narrow and did not invalidate the law in full.
U.S. Defense Secretary Pete Hegseth announced a six-month review of American forces in Europe and warned NATO allies that U.S. dues could fall if they miss defense spending targets. NATO says European members are already increasing spending and replacing some U.S. capabilities.
Ukraine struck a major Moscow oil refinery in one of its largest drone attacks on the Russian capital, disrupting flights and sending smoke over the city. Zelenskyy called the strikes a justified response to Russian attacks on Ukraine as both sides reported overnight barrages.
Defense Secretary Pete Hegseth announced a six-month review of U.S. forces in Europe and pushed NATO allies to take primary responsibility for defending the continent. He also criticized some allies over access to bases for Iran-related operations and called for a “NATO 3.0.”
Trump and Iranian President Masoud Pezeshkian signed a 60-day initial agreement to halt the war, reopen the Strait of Hormuz and begin talks on Iran’s nuclear program. The deal drew praise from G7 leaders and sharp criticism from U.S. lawmakers and Iranian hardliners.