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Oil prices fell, moving closer to levels not seen since the war in Iran began in February.
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The UN International Maritime Organization (IMO) paused its program to shepherd ships and seafarers through the Strait of ?Hormuz on Thursday after a cargo ship reported a suspected attack, reigniting fears over a preliminary deal to end the Iran war.
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Temperatures in Germany could hit 40C in some areas while French officials say deaths linked to the heat are being seen among young people.
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President Trump abruptly scrapped plans to sign a major housing bill. It could still become law, with or without a presidential signature. But Mr. Trump could also try to kill it.
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President Trump's proposal to have Iran use their unfrozen funds to buy American agriculture products says a lot about where he's worried about lost political support.
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A number of oil tankers sailed out of the Strait of Hormuz on Thursday along a United Nations-recommended route, defying threats by Iran that any ship not following its approved route "will be dealt with accordingly."The passage of the Liberian-flagged vessel — perhaps aptly named the Stoic Warrior — came amid continued uncertainty about the future of the crucial waterway.
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Secretary of State Marco Rubio was traveling among the United Arab Emirates, Kuwait and Bahrain, which were attacked by Iran during the war.
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