NEW: 🇮🇱 Israeli media reports indicate that Israel is preparing for potential unilateral action against Iran.
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NEW: 🇮🇷 Iranian officials are sounding the alarm that a U.S. blockade could trigger a total economic collapse, per Fortune reports.
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NEW: 🇺🇸 White House official Patrick Witt reveals Democrats have blocked a vote on the Crypto Clarity Act ahead of the summer recess. Witt issued a stark warning regarding the legislative timeline, stating: "If they can't get there by September 15, they never will."
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NEW: 🇺🇸 The US Department of War is demanding that defense contractors rapidly accelerate weapons production as the conflict with Iran triggers critical supply shortages, according to the Washington Post.
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NEW: 🇾🇪 Yemeni Houthi rebels have officially announced an attack targeting a Saudi Aramco oil facility.
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NEW: 🇮🇷 Iranian Foreign Minister Araghchi asserts that negotiations remain off the table as long as US violations continue.
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NEW: 🇮🇱 Israel has officially rejected President Trump’s Gaza peace plan, asserting it will not withdraw until Hamas fully disarms.
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NEW: Michael Saylor signals further Bitcoin accumulation, stating he is "Doing ₿usiness."
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NEW: 🇺🇸 JPMorgan CEO Jamie Dimon warns the United States could lose its status as the world's reserve currency within the next 25 years.
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NEW: 🇺🇸 President Trump is reportedly prepared to conclude the conflict with Iran without a formal nuclear agreement, provided the Strait of Hormuz is reopened, according to the WSJ.
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NEW: Coinbase CEO Brian Armstrong asserts that "Bitcoin gives a store of wealth that can't be inflated away."
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NEW: 🇺🇸 President Trump asserts that Iran will be unable to resume its nuclear activities throughout his time in office.
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NEW: 🇹🇷 Turkey has officially announced the sale of a massive package of surplus rocket artillery to Ukraine.
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NEW: 🇺🇸 President Trump confirms the U.S. is "semi-negotiating" with Iran. Trump expressed high confidence in the strategy, stating: "It will work out. It always works out. It's like a chess game."
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NEW: 🇮🇷 Donald Trump has privately conceded defeat, informing senior aides of his willingness to end the conflict with Iran without a nuclear deal if the Strait of Hormuz is fully reopened. This pivot marks a significant retreat from his initial "unconditional surrender" demand, according to the Wall Street Journal. However, Tehran has aggressively raised its price for reopening the waterway, escalating its requirements into what would constitute a full United States surrender. Iran's new demands include $300 billion in compensation, the release of up to $100 billion in frozen assets, the lifting of all sanctions, a total U.S. troop withdrawal from the entire region, an end to the naval blockade, and the implementation of transit fees on every ship.
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