President Donald Trump signed the US-Iran agreement on Wednesday, concluding his trip to Europe for the G7 summit. The agreement says the US will issue waivers allowing Iran to export oil and spells out provisions for reopening the Strait of Hormuz, among other measures.
Gas Prices Drop
Average gas prices are back below $4 a gallon nationwide for the first time since March, according to AAA. The milestone follows a US-Iran agreement after months of supply disruptions in the Middle East that had sent oil and gas prices soaring.
In other news, the Obama Presidential Center will hold its official grand opening ceremony today in Chicago, with political leaders and cultural icons in attendance, alongside performances by several Grammy Award-winning artists.
The New York Knicks’ first championship parade in more than 50 years will take over Lower Manhattan today. A record 10,000 NYPD officers have been assigned to the event as officials prepare for enormous crowds along the parade’s route.
Tropical Storm Arthur, the first named storm of the 2026 Atlantic hurricane season, has weakened to a post-tropical cyclone, but it will continue fueling a dangerous flood threat across the Gulf Coast and into the South through Friday.
Original reporting: KEYT (Ventura/Santa Barbara) — read the source article.
