NEW: 🇺🇸 Trump says United States will defend India if attacked.

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NEW: 🇺🇸 Trump says US will return Iran's frozen assets: 'It's their money, not ours.'

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NEW: 🇮🇷 Iran ceasing efforts to disrupt Strait of Hormuz traffic ahead of deal signing, US official says

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NEW: 🛢️ Strait of Hormuz threat level downgraded after Iran deal, U.S.-led maritime security group confirms

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NEW: 🇮🇱 Israel aims to secure US-brokered Lebanon deal removing Iran's precondition for Israeli withdrawal from US-Iran agreement

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NEW: 🇺🇸 Fed lowers median 2026 GDP projection to 2.2% from 2.4%

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NEW: 🇺🇸 Fed keeps interest rate unchanged at 3.75% in June, as expected by markets.

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NEW: 🇺🇸 Fed removes statement reference to additional rate adjustments from June policy decision.

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NEW: 🇺🇸 Fed: Nine of 18 FOMC participants pencil in a 2026 rate hike — hawkish surprise from June meeting

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NEW: 🇺🇸 Fed median rate forecast for next year rises to 3.625%, above 3.375% forecast and 3.125% prior — hawkish shift.

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NEW: 🇺🇸 Fed Chair Warsh says inflation is well ahead of the 2% goal.

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NEW: 🇺🇸 Fed Chair Warsh announces balance sheet task force to review benefits and risks of ample reserves regime.

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NEW: 🇺🇸 Trump administration pays Invenergy to give up offshore wind leases in favor of gas and geothermal investment

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NEW: 🇺🇸 Fed Chair Warsh says Federal Reserve has dropped forward guidance

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NEW: 🇮🇷 Iran says US committed to cancel all sanctions on Iran in upcoming talks schedule.

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NEW: 🇺🇸🇮🇷 White House publishes full text of 14-point US-Iran Memorandum of Understanding

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NEW: 🇺🇸 Fed Chair Warsh says none of the 19 at the table felt the need to tighten policy today.

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NEW: 🇺🇸 Trump says Iran deal will be signed over next 48 hours

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NEW: 🇺🇸 Trump says US would do better without USMCA trade agreement

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NEW: 🇺🇸 Trump says it's fair for Iran to have ballistic missiles since other Gulf states have them.

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NEW: 🇮🇶 Iraq boosts Rumaila oilfield output by 300,000 bpd to 650,000 bpd as shipping access improves

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