June 29, 2026

Top U.S. Stories

  • 60-day sanctions waiver for Iran: The U.S. Treasury temporarily allowed Iran to sell oil and petrochemical products in dollars for the first time in over 40 years, unlocking billions in revenue.
  • Record wildfire in Utah: Extreme heat, low humidity and high winds triggered rare “red flag” warnings as crews struggled to contain the blaze.
  • Team USA advances: Under manager Pochettino, the U.S. reached the knockout round after a bumpy group stage.
  • Louisiana GOP Senate runoff: A primary runoff tested the reach of Trump’s endorsement.

Markets

Warmer U.S.–Iran relations improved the Middle East supply outlook, sending oil sharply lower (WTI near its lowest since February). Cheaper energy eased inflation fears and lifted the Dow above 52,000 to record territory, even as the S&P 500 lagged on tech profit-taking. Higher Japanese rates put banks in focus.

Auto-generated and AI-written. Not investment advice.


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