The United States and Iran engaged in a second day of reciprocal attacks, with the U.S. targeting air defenses and radar sites near the Strait of Hormuz. The Wall Street Journal reports Iran struck targets in Bahrain, Jordan, and Kuwait, while The New York Times analysis suggests U.S. precision strikes also hit an Iranian water facility.
The New York Knicks overcame a 29-point deficit to defeat the San Antonio Spurs 107-106 in Game 4 of the NBA Finals. The New York Times highlights the electric response from fans and celebrities at Madison Square Garden, while the BBC focuses on the historic scale of the comeback and the players involved. OG Anunoby scored the winning basket in the final seconds of the game.
The U.S. military struck the Palau-flagged tanker Settebello in the Gulf of Oman after it failed to comply with blockade instructions. The Wall Street Journal reports that three Indian sailors were killed in the operation, while the BBC notes that India has summoned a U.S. diplomat in protest of the incident.
John Healey resigned as defence secretary following disputes regarding the government's Defence Investment Plan. In a letter to Prime Minister Keir Starmer, Healey accused the Treasury of being unwilling to commit necessary resources. Reuters notes the resignation adds pressure to Starmer's leadership amid ongoing fiscal challenges.
A violent stabbing in Belfast by a Sudanese asylum seeker triggered riots involving arson and attacks on minority residents. The Wall Street Journal reports that this unrest follows recent anti-immigration protests in southern England. UK officials have criticized international political interference in the domestic unrest.
U.S. inflation rose to 4.2% in May, the fastest pace in three years, driven by energy price spikes from the war in Iran. While the BBC highlights President Trump's controversial comments on the figures, the NYT notes that rising global energy costs are also forcing the European Central Bank to consider interest rate hikes.
SpaceX aims to raise $75 billion through a massive stock offering that could become the largest IPO in history. NPR reports the company plans to use the funds for AI infrastructure and satellite constellations while Elon Musk maintains controlling voting power. Analysts suggest the listing could trigger significant market volatility as it coincides with upcoming IPOs from Anthropic and OpenAI.