Morning Edition · Thursday, June 11, 2026
United States and Iran Trade Strikes as Hormuz Returns to the Center of the Oil Market
President Trump canceled planned strikes and said a deal had been approved by all parties, though Iran has not confirmed it and a naval blockade remains in force as Tehran declares the Strait of Hormuz closed.
Bitcoin Holds a Technical Level That Ether and Solana Cannot
Capital is concentrating in the largest cryptocurrency even as major alternatives struggle, lifting bitcoin's share of total digital-asset value.
SpaceX Listing Approaches With a Two-Trillion-Dollar Valuation and Open Questions
Elon Musk's rocket company priced its initial public offering at a 1.77-trillion-dollar valuation ahead of a June 12 listing, even as analysts warn its most ambitious plans remain unproven.
British Defense Secretary Resigns Over Military Spending in a Setback for Starmer
John Healey and a junior defense minister quit, saying the prime minister was unable and the Treasury unwilling to fund defense at a time of rising threats. Keir Starmer named a successor within hours.
Third Ship With Indian Crew Attacked Near Oman as Gulf Shipping Risk Climbs
Indian seafarers have been killed in strikes on tankers off Oman, exposing the human and commercial cost of the widening conflict.
Paulson Warns Against a United States and China Break as Beijing's Biotech Pushes Outward
A former United States Treasury secretary says distrust now poses a greater risk than trade imbalances, even as Chinese firms call their global expansion irreversible.
European Union Readies New Russia Sanctions as Trade Reroutes Around the Blocs
Brussels prepares a 21st sanctions package targeting Russian banks while excluding aluminum, as friction surfaces inside Moscow's own trade bloc.
Japan Says July Oil Imports Will Return to Pre-War Levels
Tokyo expects crude shipments to recover even as the Gulf conflict continues, the result of years of supply diversification.
Anthropic and OpenAI Race to List as the Defining Contest in Artificial Intelligence
The two leading developers are competing to reach public markets first, viewing a listing as a way to set how investors value the industry.
Asia's Arms Race Accelerates as Russian-Made Missiles Reach the Philippines
New details emerge on a BrahMos missile delivery to Manila as India weighs delaying a domestic tank program, signs of a sharpening regional buildup.
Artificial Intelligence Strains the Workforce in China and India
A Chinese state outlet calls for protecting worker rights as automation spreads, while Indian laborers are filmed training the robots meant to replace them.
Netanyahu's Party Says He Will Run Again Amid the Iran War
Israel's longest-serving prime minister will seek office again later this year, his Likud party said, even as President Trump voices skepticism.