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US and Iran trade strikes overnight amid peace talks

Hours after President Donald Trump dismissed a report regarding a deal to restore traffic through the Strait of Hormuz, the US and Iran exchanged fresh strikes early on Thursday.

Despite an ongoing ceasefire as the countries hold talks to end the conflict, the US carried out new strikes inside Iran, The Guardian reports, prompting a retaliatory attack from Iran on a US airbase in Kuwait.

Escalating tensions have seen oil prices rise on fears of a Hormuz deal faltering, with Brent crude rising more than 4% at one point, climbing over $98 a barrel before retreating back toward $96.50. The US dollar also edged slightly higher Thursday.

The potential of fresh hostilities has seen emerging market stocks in Asia drop from record highs and European shares dip. US risk assets have fallen slightly, with CNBC reporting S&P 500 futures down more than 0.2%.

Escalating tensions have seen oil prices rise on fears of a Hormuz deal faltering, with Brent crude rising more than 4% at one point, climbing over $98 a barrel before retreating back toward $96.50. The US dollar also edged slightly higher Thursday.

The potential of fresh hostilities has seen emerging market stocks in Asia drop from record highs and European shares dip. US risk assets have fallen slightly, with CNBC reporting S&P 500 futures down more than 0.2%.

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Tom Jones

The most watched soccer match in US history got less than a third of the views the Super Bowl did

Between a top-spot finish in the group stage, a sweeping performance against Bosnia and Herzegovina in the round of 32, and the president’s controversial intervention, Monday evening’s USMNT game against Belgium had, to put it lightly, shaped up into a box-office clash.

And though the US players’ performance on the pitch might not have lived up to the high drama off it, American soccer fans certainly showed up. According to early estimates, the 4-1 defeat against Belgium was the most watched soccer telecast in US history, hauling some 40 million viewers on average across the coverage on Fox and Telemundo.

That may be a record tally in the US for the sport that much of the world calls some variant of “football” — besting the 36.2 million who tuned in to watch the team’s previous knock-out match — but it’s still peanuts in comparison to the sport that shares the same name in the States.

World cup viewers chart
Sherwood News
Reddit alien stock exchange

Reddit’s advertising business is getting bigger. It’s already booming.

The platform will plow more money into its ad offerings as it cements itself as a “trove of human intelligence.”

Tom Jones6/22/26

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