NEW: 🇺🇸 US May CPI report expected shortly; consensus +0.5% headline, +0.3% core.

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NEW: 💰 Spot gold falls 3% to $4,157.60/oz

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NEW: 🇸🇦 Saudi and Kuwait sovereign wealth funds reportedly place $1B-$5B each in SpaceX orders

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NEW: 🇺🇸 US May CPI rises 4.2% year-over-year, in line with estimates.

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NEW: 🇺🇸 US May core CPI MOM rises 0.2%, below 0.3% estimate and 0.4% previous

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NEW: 🇺🇸 US May core CPI year-over-year rises 2.9%, matching 2.9% estimate and above 2.8% prior

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NEW: 🇺🇸 US May core CPI year-over-year unrounded at 2.851%, up from 2.75% prior

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NEW: 🇮🇷 Iran missile strikes Ramat David Airbase hangar in Israel — Israeli Army Radio reports

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NEW: 🇺🇸 US missile strike hits oil tanker off Oman, two crew missing — Reuters reports

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NEW: 🔥 New IRGC video shows shooting down US MQ-9 Reaper over Jam, Bushehr Province

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NEW: 🇺🇸 CFTC proposes sweeping new rules for prediction markets.

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NEW: 🇺🇸 Trump signs Secure America Act

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NEW: 🛒 Amazon's trucking expansion sparks sell-off in freight stocks

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NEW: 🔥 Ukrainian FP-5 Flamingo cruise missile strikes plant in Cheboksary, Russia — video shows aftermath

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NEW: IAEA Board of Governors passes resolution on Iran, 21-3-10.

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NEW: 🇺🇸 US crude oil inventories fell 7.2 million barrels last week, much larger than expected 2.9 million draw.

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NEW: 🛢️ OPEC crude output falls 1.06M bpd MoM to lowest in over 20 years — survey

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NEW: 🇨🇴 Colombia's Commission of Investigation and Accusation temporarily suspends President Gustavo Petro until June 21

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NEW: 🇯🇵 Japan PM Takaichi to declare 100% crude oil substitution procurement in July, securing US producers and others

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NEW: 🇮🇷 Iran missile shards strike Israel's Ramat David air base — Israeli sources report

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NEW: 🗣️ OpenAI CEO Sam Altman expects the company to go public within the next year, The Information reports.

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