Brent crude has fallen to levels last seen before the Iran war as shipping through the Strait of Hormuz gradually resumes. The rebound in traffic follows a U.S.-Iran memorandum setting up 60 days of negotiations, though disputes over fees and vessel authorization remain.
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Iran denied U.S. claims that it had agreed to allow IAEA inspectors back to damaged nuclear sites, even as talks with Washington produced a 60-day roadmap for a final deal. The dispute comes as the U.S. temporarily eased oil sanctions and traffic through the Strait of Hormuz rose to its highest level since the war began.
The Lincoln Memorial Reflecting Pool has turned green with algae days after a multimillion-dollar renovation meant to make it “American flag blue.” The Interior Department says nanobubble technology and hydrogen peroxide are being used to treat the water.
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.
Trump is expected to press defense industry leaders to speed weapons production as the war with Iran strains U.S. missile stockpiles. Officials and experts have warned that replenishing key systems could take years.
President Trump signed the Secure America Act, a nearly $70 billion package funding ICE, Customs and Border Protection and other Homeland Security operations through the rest of his presidency. The bill passed narrowly after months of Democratic opposition and internal Republican disputes.
Key California primary races remained unresolved Friday, including the contest to replace Gov. Gavin Newsom and the race to determine Mayor Karen Bass’ November runoff opponent in Los Angeles. State officials said millions of ballots were still being processed and counted.