Today marks a significant day for voters in six states, including California and Iowa, as they head to the polls for primary elections. High-profile races such as California’s governor’s contest and the battle for Los Angeles mayor are drawing national attention.

Gas Prices Experience Temporary Relief

In economic news, gas prices have hit a one-month low, averaging $4.29 per gallon. This decrease follows a recent peak of $4.56 on May 21. Analysts caution that this relief may be short-lived, as prices are still above the pre-war level of $2.98 per gallon. The easing of oil prices is partly due to expectations of a potential US-Iran deal that could reopen the Strait of Hormuz, which has been closed for 94 days.

AI Boom Captivates Wall Street

The artificial intelligence sector continues to dominate headlines, with companies like Anthropic, OpenAI, and SpaceX making moves toward public offerings. This surge in AI-related IPOs is driving gains in companies tied to the data centers needed to power this technology, extending rallies beyond the big tech sector.

International Concerns: Kyiv Under Attack

On the international front, Russia launched a large-scale attack on Kyiv today, resulting in at least 17 fatalities. The assault involved over 600 drones and dozens of missiles, including advanced hypersonics, according to Ukrainian military sources.

Political Developments: ‘Anti-Weaponization’ Fund

In political news, the Trump administration has indicated plans to drop the $1.8 billion ‘anti-weaponization’ fund. This decision is crucial for Republican congressional leaders who are hesitant to move forward with funding for ICE and Border Patrol without clarity on the fund’s status.

Original reporting: El Paso News (HLL/CB) — read the source article.