NEW: 🇺🇸 US Navy resumes escorting tankers through Strait of Hormuz, guiding a Greek supertanker toward India

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NEW: 💰 Micron Technology hits $1 trillion market value for the first time

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NEW: ₿ Bitcoin drops to $77,000

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NEW: 📱 Qualcomm strikes AI chip deal with TikTok owner ByteDance

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NEW: 🛢️ US oil prices reverse losses and rise toward $95/barrel as US military strikes in Iran increase peace deal uncertainty

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NEW: 🇺🇸 US official denies report that US Navy resumed escorting ships in Strait of Hormuz — I24 reports

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NEW: 🇮🇷 UAE and Iraq expand pipeline capacity to bypass Strait of Hormuz — Nikkei reports

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NEW: 🇮🇷 Iran's Supreme Leader Khamenei says 'Zionist regime will not live to see 25 years' — threatening Israel's existence

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NEW: 🇯🇵 Japan is poised to start Mercosur trade talks, seeking oil and more car exports — Nikkei reports

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NEW: 🇮🇱❌🇱🇧 Israeli forces expand operations north of the 'yellow line' in southern Lebanon, approved targeted assassinations — Israeli Channel 14 reports

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NEW: 🇮🇷 Adviser to Iran’s Ghalibaf says Tehran will walk away from talks if the US “plays word games” — Al Mayadeen reports

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NEW: 🏦 SoftBank selects JPMorgan, Goldman Sachs, Morgan Stanley, Citi and Mizuho for SB Energy IPO — sources

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NEW: 🇮🇱 Israel strikes Gaza targeting new Hamas military commander Mohammed Awda — unclear if successful.

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NEW: Elon Musk says 'time to build a major base on the Moon'

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NEW: 🇺🇸 Fed's Kashkari warns prolonged Iran war could lead to 'series of' US rate hikes

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NEW: 🇺🇸🇮🇱 US refuses to allow Israel to attack Beirut to avoid giving Iran excuse to leave talks — Israeli Channel 11 reports

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NEW: 🇪🇺 NATO allies moving to invite Japan, South Korea, Australia, New Zealand to July summit — Nikkei citing senior Turkish official

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NEW: 💰 Micron Technology surges 20%, surpassing $1 trillion market cap for the first time.

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NEW: 🇮🇷🇺🇸 Iran's Revolutionary Guard says it fired a missile at a US F-35 that entered southern Iranian airspace, forcing it to retreat.

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🚨BREAKING🚨: 🇺🇸 Kevin Warsh takes over as Fed chair amid hottest inflation in years, clashing with Trump's demand for rate cuts.

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NEW: ₿ CME to launch 24/7 XRP futures trading on May 29.

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