Donald Trump claims to have resolved seven conflicts worldwide, including agreements or ceasefires in Nagorno-Karabakh, DR Congo-Rwanda, Serbia-Kosovo, Egypt-Ethiopia, India-Pakistan, Thailand-Cambodia, and Israel-Iran, though some deals are economic or fragile, and their long-term success remains uncertain.
The stock market reached new highs, with the Nasdaq 100 closing at a record, following a ceasefire between Israel and Iran that eased geopolitical tensions and boosted investor confidence, while oil prices fell from recent peaks. However, concerns remain about potential re-escalation of conflicts.
President Trump is heading to the NATO summit in The Hague, focusing on urging European allies to increase their military spending to 5% of GDP, while managing diplomatic issues including the Israel-Iran ceasefire and Russia's actions in Ukraine. Despite some countries' reluctance, Trump claims progress in alliance contributions, emphasizing US spending and strategic interests.
Oil prices dropped below $70 following a fragile ceasefire between Israel and Iran, easing fears of Strait of Hormuz closure, while US energy demand surged amid high temperatures. Major developments include US LNG capacity expansion, record Indian oil imports, and Canada's first LNG export, alongside geopolitical tensions affecting Iraq and Niger, and China's record solar capacity growth.
President Trump arrives at the NATO summit amid a recently brokered Israel-Iran ceasefire, which faces challenges as Iran denies violations and Israel accuses Iran of missile attacks. Trump emphasizes a unilateral, go-it-alone approach to international diplomacy, highlighting his recent military actions against Iran and sidelining European efforts, while also seeking to bolster his image as a peacemaker. The summit occurs against a backdrop of ongoing tensions over Ukraine and differing views on NATO and global security strategies.
President Donald Trump has escalated his feud with Rep. Thomas Massie by launching a super PAC to oppose him in the 2026 primary, amid ongoing social media barbs and political tensions, while Trump also announced a ceasefire between Israel and Iran following recent hostilities in the Middle East.
U.S. President Donald Trump criticized French President Emmanuel Macron as 'publicity seeking' on social media while departing the G7 summit early, dismissing Macron's claim that he was negotiating a ceasefire between Israel and Iran, and indicating his departure was due to broader issues in the Middle East.