Trump criticized Netanyahu over Israel’s strike in Beirut, saying the Israeli leader must be “more responsible” as the United States and Iran prepare to formalize a ceasefire deal. He said the U.S.-Iran agreement can survive further Lebanon tensions but warned Iran against pursuing a nuclear weapon.
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G7 leaders meeting in France are focusing on a preliminary U.S.-Iran agreement and renewed efforts to end Russia’s war in Ukraine. Zelenskyy joined the summit as European leaders sought to keep pressure on Moscow and reopen the Strait of Hormuz.
The Bank of Japan raised its benchmark rate to 1%, the highest since 1995, citing energy-driven price pressures and rising inflation expectations. The move continues Japan’s shift away from decades of ultra-low borrowing costs.
Alaska Elections Director Carol Beecher ruled that Daniel J. Sullivan cannot appear on the U.S. Senate primary ballot, finding his candidacy was filed to confuse voters. The candidate denies wrongdoing and can appeal the decision.
Trump arrived at the G7 summit in France touting a signed Iran memorandum and saying the Strait of Hormuz is partially reopening. The summit is also expected to focus on Ukraine, AI, economic issues, immigration and supply chains.
U.S. officials say Washington and Tehran have digitally signed a memorandum to extend a ceasefire, reopen the Strait of Hormuz and begin nuclear negotiations. The deal’s effect on Lebanon remains uncertain as Israel says it is not bound by the agreement.
Oil prices dropped after Trump announced an initial US-Iran deal to reopen the Strait of Hormuz, but shipping, insurance and mine-clearing hurdles could delay a return to normal. Analysts warn energy, fertiliser and consumer prices may remain under pressure for months.
The United States and Iran say they have reached a tentative agreement to end the war, reopen the Strait of Hormuz and halt fighting in Lebanon. The deal is expected to be signed Friday in Switzerland, but nuclear issues, sanctions relief and Israel’s role remain unresolved.