1. Oil Prices Soar Over 4% Amid Iran-Israel Tensions and Trump RemarksGlobal oil prices jumped more than 4% as geopolitical tensions in the Middle East intensified. Former President Trump called for Iran’s “unconditional surrender,” further fueling uncertainty. The conflict between Israel and Iran has heightened concerns about disruption to major oil and gas infrastructure in the region. Analysts warn that continued instability could push prices even higher. U.S. stock indexes, including the Dow and Nasdaq, also dropped amid investor fears. Maps and reports show Israeli strikes on key Iranian energy sites, compounding the volatility. 2. U.S. Senate Passes GENIUS Act, Landmark Bill Regulating StablecoinsIn a first-of-its-kind move, the U.S. Senate has passed the GENIUS Act to regulate
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