Trump Argues War 'Terminated' Before 60-Day Congressional Approval Deadline, As Iran Submits Latest Proposal To Pakistan Mediators

Futures Rebound, Oil Pares Gain After Iran Declares End To Military Operations US stocks futures rebounded and oil pared much of its overnight gains, following a declaration from Iran that military operations against Israel ended after the biggest military escalation between Iran and Israel overnight. As of 8:00am ET, S&P futures rose 0.7% while those for the Nasdaq 100 climbed 1.4%, with Mag 7 stocks trading mostly higher in premarket trading ahead of Apple's WWDC keynote later today, which may boost the Mag 7 group. Chipmakers that were the hardest hit in Friday’s...

Russia's Tuapse Refinery Attacked 2nd Time In Days, While Battling Oil Spill Into Black Sea There's been yet another major attack on Russia's major Black Sea energy hub and port of Tuapse, after just a few days prior a drone wave had unleashed a fire so big it cold be seen from space, given the over 100-mile smoke plume that had spread over the Black Sea.  In this latest overnight Ukrainian assault reported Monday, the drone attack killed least one person and resulted in more major fires, and now emergency crews are battling their...

New Strikes On Iran Significantly Stronger Than Earlier Attacks, As IRGC Targets US Navy Warships Summary:  US strikes on Iran announced, as 'heavy costs' for earlier targeting of multiple commercial vessels Oil rises as Treasury revokes June 21 Iran oil waiver Hormuz Threat Level Raised To "Severe"  Three maritime incidents reported on Hormuz in last 24 hours  Another unidentified vessel hit by a Drone IRGC forces hit a Saudi Tanker  IRGC forces hit a Qatari LNG tanker *  *  * 'Four to Five Times Larger' Than Earlier Strikes US officials are vowing bigger, more sustained and prolonged strikes against Iran tonight,...