Morning Edition · Sunday, June 7, 2026

Markets
OPEC+ Approves Fourth Output Increase, but Hormuz Closure Keeps Oil Near 100 Dollars
Producers raised their official output targets even though they cannot ship the barrels through a blocked strait, leaving Brent crude near triple its pre-war level on the war's 100th day.

Markets
Strong US Jobs Report Lifts Rate Fears, and Gold, Silver and Bitcoin All Retreat
Precious metals and speculative assets fell together after a stronger than expected jobs report reduced expectations for lower interest rates, even with the Middle East war unresolved.

Geopolitics
On the War's 100th Day, Washington Weighs Seizing Iran's Frozen Billions
The United States Treasury has directed a team to tally Gulf reconstruction costs that could be charged to frozen Iranian assets, as a missile salvo at Kuwait and Bahrain sharpens a campaign Tehran calls economic siege.

Markets
India's Most Valuable Companies Shed Value as Central Bank Cuts Growth Outlook
Seven of the ten largest listed firms lost a combined 1.25 lakh crore rupees as foreign investors kept selling and oil risk loomed.

Geopolitics
European Leaders Gather With Zelenskyy in London as Russian Strikes Continue
A Downing Street meeting aims to coordinate support for Ukraine even as Washington pulls back from Europe and Russian attacks kill civilians in border regions.

Geopolitics
Russian Drone Strikes Nuclear-Fuel Storage Site Near Chornobyl, Ukraine Says
Kyiv called the attack vile, and the United Nations nuclear watchdog reported no rise in radiation, as both sides trade blame over atomic sites.

Geopolitics
Armenia Votes as Pashinyan Tilts Toward Europe and Away From Moscow
A parliamentary election becomes a contest over whether the country loosens its historic ties to Russia, with both the European Union and Russia seeking to influence its direction.

World
Shooting Attack in Central Israel Kills One as Lebanon Front Stays Tense
Police said one assailant killed a man and wounded five others before being neutralized, hours after Israel reported projectiles from Lebanon despite a ceasefire.

Markets
Indonesia Pursues Tariff Relief From Washington and a Trade Pact With Europe
Jakarta says it may win 18 exemptions from United States tariffs while targeting ratification of its European Union trade agreement this year.

World
More Than a Million Greet Pope Leo XIV in Madrid
On a five-day visit to Spain, the pontiff met migrants and homeless people and called for genuine human values.

Tech
Hong Kong to Open Its First Store Run by a Humanoid Robot
The city's finance chief unveiled an AI push that includes a robot-operated convenience store and a new high-level government committee.

World
World Cup Hosts Confront Ebola Curbs, Airport Strains and a Visa Dispute
Weeks before the tournament, the United States, Mexico and Canada are managing a health scare, aging infrastructure and a clash with Iran over access.

Markets
Bank of Israel Buys Dollars to Slow a Surging Shekel
The central bank intervened in the currency market in May as the shekel strengthened sharply against a falling dollar.