US-Iran Truce Collapses, ‘$30M’ Supertanker Fees, Cocaine Empire Exposed
About this episode
The episode covers the collapse of the US-Iran truce, supertanker fees, and a cocaine trafficking case linked to financial networks.
Your morning briefing. All the news you need to start your day. On today's podcast: (1) The United States has carried out another round of strikes on Iran, after President Trump vowed to hit the country "hard". According to multiple reports, Trump has now formally notified Congress that the US is once again at war with Iran. (2) President Donald Trump threw out a demand of a 20% reimbursement on cargo shipped through the Strait of Hormuz, or roughly $30 million on full supertankers carrying oil. (3) Bond traders ramped up bets for a July interest-rate hike ahead of US inflation data and an appearance by the head of the Federal Reserve that stand to reinforce the need for action. (4) The European Union failed to endorse a 21st sanctions package against Russia on Monday, putting the bloc at risk of undermining one of its key tools to restrict the Kremlin’s oil revenue. (5) Rachel Reeves will issue a coded warning to the next Labour government by telling a City of London audience on Tuesday night that plans to boost the economy will only succeed with the support of financial markets. (6) It was supposed to be a cargo of bananas from Latin America. What Spanish police found on…
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