2026-06-11

Second consecutive day of American airstrikes. Iran responded by hitting US bases in Bahrain, Kuwait, and Jordan. UN Secretary-General Guterres called the situation a "lesser fire." The ceasefire, apparently, is a term both sides are using differently.

Iran launched retaliatory strikes on American bases in the region. This is the 104th day of the escalation. Both sides are still calling it a ceasefire.

Iranian officials announced the closure of the Strait of Hormuz in response to US strikes. A chokepoint for roughly 20% of global oil supply, now closed.

US equity futures rebounded after Wednesday's tech selloff. Oil prices held steady once the strike cycle paused. Markets apparently prefer certainty—even bad certainty—to escalation.

Another round of American military strikes on Iranian targets. Described as "self-defense strikes." They followed failed peace negotiations. The pattern is now clear.

The Faster Labor Contracts Act promises quicker union agreements. It also lets federal arbitrators impose contracts without worker approval. The branding said one thing. The mechanism said another.

Two Uyghur men convicted of planting a bomb at Bangkok's Erawan Shrine received death sentences. They will appeal. The attack killed dozens; the trial took over a decade.

Regulators are investigating whether Ryanair's charges to sit parents next to children constitute unfair practice. Ryanair says transparency covers it. Regulators disagree.