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The U.S. may be the world's biggest producer of crude oil, but that's not the case for motor oil. The cost of lubricants is soaring, and even a tentative deal to end the war won't solve the problem.
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Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
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Live updates: Trump and other world leaders discuss Iran and Ukraine wars at G7 summit AP NewsG7 Summit Live Updates: Trump Dismisses Concerns Over Ukraine War and Celebrates U.S.-Iran Deal The New York TimesAt G7 summit, Trump says U.S. will pivot from the conflict in Iran to the Ukraine war Fast CompanyG7 summit 2026 live: Trump says G7 had 'very good' meeting with Zelenskiy Reuters
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FBI thwarted plot targeting White House UFC event, Patel says BBCFBI arrests suspects for plots to attack White House UFC event ESPNFBI says it thwarted possible threat to UFC event in Washington YahooOhio suspect arrested as UFC terror plot ‘stopped cold' by FBI FOX19 | CincinnatiKnox County man charged in alleged plot to attack White House UFC event
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UK forces face operational cuts without more cash, defence chief warns BBCUK defence spending plan ‘well short of what's required' and harder choices needed, says John Healey - UK politics live The GuardianMalaysia to surpass 2040 renewable energy target by 2031, forecasts GlobalData Power TechnologyHealey warns defence spending plan ‘well short of what's required' as he lashes out at Starmer and Reeves The Independent
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FBI foiled alleged plot to attack White House UFC event, Kash Patel says NBC NewsFBI arrests suspects for plots to attack White House UFC event ESPNFederal agents thwarted attack on Trump's UFC event, FBI says PoliticoMultiple people arrested for discussing plans to attack UFC fight, source says CNN
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Algae thwarts Trump's $14.2m attempt to turn reflecting pool ‘American flag blue' The GuardianAlgae has Washington, D.C.'s newly renovated reflecting pool turning green. Again. WBAL-TVWorkers Frantically Chuck Household Bleach at Trump's Botched Vanity Project The Daily BeastGreen algae return to reflecting pool days into Trump's renovation The Hill
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Brent Oil Falls Below $80 With US-Iran Deal Set to Add Supply Bloomberg.comPotential End of War Tests Trump's Promise of Quick Economic Rebound The New York TimesOil markets bet Trump would chicken out on Iran. They won ReutersHormuz Reopens as Traders Price Out the War Premium Crude Oil Prices Today | OilPrice.com
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Japan Raises Rates to 31-Year High to Ward Off War Inflation The New York TimesJapan raises interest rate to highest since 1995 BBCBank of Japan raises interest rates to 31-year high amid Iran war inflation pressures The GuardianDollar at 10-day lows, no respite for yen after BOJ hikes as expected ReutersBOJ Raises Rate to 31-Year High, Plans to Stop Paring Bond Buys Bloomberg.com
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