Morning Headlines

President Trump declared on Truth Social that a ceasefire agreement with Iran — including immediate reopening of the Strait of Hormuz and steps to dismantle Iran's nuclear program — would be signed Sunday, while Iranian officials said a finalized pact was unlikely so soon. The deal, brokered with Pakistani mediation, would end a conflict that has roiled global energy markets since earlier this year.

A joint U.S.-Venezuela military operation killed Hector Rusthenford Guerrero Flores — 'Niño Guerrero' — who led the Tren de Aragua transnational gang for over a decade, growing it from a Venezuelan prison gang into a criminal network spanning the Americas, with CIA intelligence support. The strike signals an unusual level of security cooperation between Washington and Caracas.

Global equities posted weekly gains and crude oil fell roughly 2% to near $85 a barrel as investors priced in the potential lifting of Iran oil sanctions and reopening of the Strait of Hormuz, a chokepoint for roughly 20% of global seaborne oil. A finalized deal would represent the most significant shift in global energy supply this year.

John McGinn's deflected strike gave Scotland a historic 1-0 victory over Haiti on Day 4 of the FIFA World Cup, ending a 36-year drought stretching back to 1990. Brazil and Morocco drew 0-0 in the day's other marquee fixture, with Germany, the Netherlands, and Ivory Coast also in action.

The Jiangmen Underground Neutrino Observatory in China released its debut physics results in Nature, refining neutrino oscillation measurements by a factor of 1.6 over all prior experiments combined — using just 59 days of data from a detector the size of a ten-story building. The result puts JUNO on track to resolve which type of neutrino is lightest, one of the biggest open questions in particle physics.