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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...
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Markets Edge Higher Amid Renewed US-China Trade Talks

US stock futures saw modest gains on Monday as investors closely watched the latest round of trade negotiations between the United States and China. The S&P 500, Dow Jones Industrial Average, and Nasdaq 100 futures all ticked up 0.1%, reflecting cautious optimism in the market.

The talks, taking place in London, follow a recent phone call between President Trump and Chinese President Xi Jinping, signaling a potential thaw in trade tensions. Investors are hopeful that the discussions will revive momentum from the Geneva pact in mid-May, which temporarily eased tariff pressures.

Despite lingering concerns over economic volatility, markets ended last week on a positive note, buoyed by strong jobs data that helped alleviate fears of a recession. Traders are now looking ahead to key economic reports, including the May US consumer inflation print due on Friday.

Meanwhile, corporate developments are also in focus, with Apple kicking off its annual WWDC developers conference, where investors anticipate insights into the company's AI strategy.

As the global economy navigates shifting trade dynamics, market participants remain watchful for any breakthroughs that could shape future investment trends.

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