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The United States and Iran are reportedly sending delegations to Qatar for talks aimed at de-escalating tensions following a four-month conflict, including recent strikes around the Strait of Hormuz. While the White House confirmed the talks, Iran has given mixed signals, denying direct meetings with the U.S. but confirming a delegation to discuss frozen funds with mediators. Oil prices have stabilized after the announcement, recovering from earlier disruptions to shipping through the vital waterway.

Venezuela continues to face the aftermath of devastating earthquakes, with the official death toll climbing to 1,719 and over 5,000 injured. The United States has dispatched approximately 130 Marines to assist in reopening the port of La Guaira, aiming to facilitate aid delivery to the hardest-hit areas.

Britain announced a new defense plan prioritizing self-flying fighter jets, uncrewed submarines, and drones, reflecting the evolving nature of global conflicts. Prime Minister Keir Starmer stated the plan aims to keep Britain safe in a more dangerous world, with billions allocated for drone technology and new stealth fighter jets.

The Supreme Court delivered a significant ruling, expanding presidential power by upholding President Trump's ability to dismiss independent federal agency heads at will. This decision, with a notable exception for Federal Reserve Governor Lisa Cook, overturns a landmark 1935 case and moves the nation closer to a unitary executive theory of power.

World shares saw gains, led by a rebound in technology stocks and renewed optimism in artificial intelligence, as global markets reacted to easing tensions between the U.S. and Iran. Oil prices modestly fell, stabilizing after a four-month conflict, with Brent crude falling below $73 per barrel, while the Japanese yen hit a 39-year low against the U.S. dollar.