Shipping costs surged across the Middle East in June, with rates from Shanghai to the UAE’s Port of Khor Fakkan jumping 76% due to fears over Iran-Israel tensions. Despite President Donald Trump's announcement of a ceasefire on Monday, risks remain high for global shipping lanes, particularly through the Strait of Hormuz.
Governor Greg Abbott (R-TX) signed a bill into law that bans entities connected to the Chinese Communist Party (CCP) from purchasing land in the state.
Senator Lisa Murkowski (R-AK) suggested she may be open to caucusing with Democrats, although she said that the Democratic Party is not "much better" than the Republican Party.
U.S. Immigration and Customs Enforcement (ICE) arrested 11 Iranian nationals illegally present in the United States over the weekend, the Department of Homeland Security (DHS) announced Tuesday.