Russia Launches Massive Attacks Across Ukraine, Killing 22

Trump Argues War 'Terminated' Before 60-Day Congressional Approval Deadline, As Iran Submits Latest Proposal To Pakistan Mediators Summary White House officials argue the absence in exchanges of fire between Iranian & US forces means the 60-day timeline for Congressional approval (or US forces must leave) doesn't apply due to the ceasefire. Iran submitted its latest revised proposal to Pakistan mediators as of Thursday night. It is a response to the latest US amendments to end the war, per Axios. Nuclear issue not included: a non-starter, and focus is on ending the war. Iran...

Peace Talks Stall: U.S. Denies Iranian Claims Of Warning Shots At Destroyers Summary: U.S. CENTCOM Denies Report  Iran Military Fires "Warning Missiles" At US Destroyers In Gulf of Oman Iran FM Warns American Bases Are Legitimate Targets, Cites 'No Tangible Progress' In Talks Polymarket  US x Iran permanent peace deal by June 30, 2026? Yes 25% · No 76%View full market & trade on Polymarket Strait of Hormuz traffic returns to normal by end of June? Yes 18% · No 83%View full market & trade on PolymarketIran Military Fires "Warning Missiles" At US Destroyers In Gulf of Oman AFP...

Futures Slide, Oil Surges As Iran War Returns, Chip Stocks Tumble As Korea, SK Hynix Crash US equity futures are lower on a combination of US/Iran escalation (which is feeding inflationary concerns) and a violent crash in South Korean stocks (which saw SK Hynix plunge by 15% overnight, the most on record, and unironically follows its record ADR launch in the US), which has put Semis and tech under renewed pressure. On the former, this drove oil prices higher overnight, but gains have been cut in half. On the latter, there...