Trump said he canceled planned strikes on Iran and claimed an agreement to end the war was close, but Tehran said nothing had been finalized. The comments followed fresh U.S. and Iranian strikes and new international calls for de-escalation.
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U.K. Defense Secretary John Healey resigned after rejecting the government’s military funding plan, saying it would leave the armed forces under-resourced and could make the country less safe. The BBC reported he had pushed for defense spending to reach 3% of GDP by 2030 but was offered a smaller increase.
The U.S. military carried out new strikes on multiple targets in Iran after President Trump vowed to hit the country “hard.” CENTCOM called the strikes self-defense and said they responded to Iran’s “unwarranted and continued aggression.”
U.S. inflation rose to 4.2% in May, the highest level in three years, as energy costs tied to the Iran war continued to climb. Core inflation increased 2.9%, while wage growth lagged behind the broader rise in prices.
A fragile U.S.-Iran ceasefire collapsed after an American Apache helicopter was downed near the Strait of Hormuz, prompting U.S. strikes on Iranian targets. Iran responded with attacks targeting U.S.-linked military sites in Bahrain, Kuwait and Jordan, with air defenses reporting interceptions.
Vice President JD Vance said the United States is “very close” to a long-term nuclear deal with Iran, though an agreement could come next week or months from now. His comments came as tensions rose after an Apache helicopter crashed near the Strait of Hormuz and U.S. forces reportedly launched retaliatory strikes.
Trump accused Iran of shooting down a U.S. Army Apache helicopter near the Strait of Hormuz and said the United States “must” respond. Two crew members were rescued unharmed by an American sea drone, while U.S. Central Command said the crash remains under investigation.