Insight

The dispute centers on whether crypto firms like Coinbase can offer yields on stablecoins, which banks warn will siphon trillions of dollars from the industry.

Wall Street is on track for a higher open as oil prices decline. And CrowdStrike makes a great case that AI will help, not hurt, its business.

Hormuz shutdown worsens after US hits Iranian warship; tankers stranded for fifth day  Reuters

US kills Iranian leader of Trump assassination plot, Pentagon says  Reuters

The oil market has calmed after President Donald Trump said the U.S. would insure tankers and provide naval escorts if necessary.

Exclusive: US carried out strike on Iranian warship off Sri Lanka coast, officials say  Reuters

Bessent sought to calm concerns about a potential energy shock, arguing that oil markets are well supplied even as tensions escalate in the Middle East.

Turkey says NATO defences destroyed missile fired from Iran over Mediterranean  Reuters

Turkey says NATO defences destroyed incoming Iran missile  Reuters

Iran intelligence operatives signalled openness to talks with CIA to end war, NYT reports  Reuters

Hezbollah's entry into Iran crisis deepens its isolation at home  Reuters

Are the US attacks on Iran legal?  Reuters

US lawmakers set to vote on war powers as Iran conflict widens  Reuters

US dollar surge since start of war on Iran unlikely to last, say FX strategists: Reuters poll  Reuters

Airline shares selloff eases as some flights leave Gulf amid Iran conflict  Reuters

Russia says US attacked Iran on false pretext, condemns call for Iranians to seize power  Reuters

At least 101 people missing after submarine attack on Iranian ship off Sri Lanka, sources say  Reuters

UN 'deeply disturbed' by strike on Iran school that killed 160 children  Reuters

Mojtaba Khamenei, seen as possible next Supreme Leader, has survived attacks on Iran, sources say  Reuters

Spain defies Trump's threats over stance on Iran war, says it 'won't be vassals'  Reuters