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Trump Claims “Great Settlement” Has Been Reached to End War, But Iran Says Nothing Has Been Finalized
Jun 12, 2026
President Trump is claiming a deal has been reached to end the war with Iran, but Iranian officials say nothing has been finalized yet. Trump made the announcement on Thursday following two days of strikes and after threatening to take Kharg Island, a key Iranian oil hub. Trump spoke at the White House on Thursday.
President Donald Trump : “We just made a great settlement of the war with Iran, and we’re going to be subject to finalization of documents. We should get done over the next few days.”
Trump went on to say a signing ceremony could be held in Europe in the coming days. A spokesperson for Iran’s Foreign Ministry said the text of a deal is “mostly finalized,” but also said that the U.S. keeps “changing their positions.” Israeli Prime Minister Benjamin Netanyahu’s office said Israel was not party to any new U.S.-Iran agreement.
India Condemns Deadly U.S. Strikes on Boats After 3 Sailors Killed Near Oman
Jun 12, 2026
Image Credit: European Union / Copernicus Sentinel-2
On Thursday, U.S. forces struck another commercial tanker in the Gulf of Oman in the third U.S. attack on a boat in the region this week. Oman’s military led efforts to rescue the sailors. India has condemned the strikes, which have all targeted ships with crews from India. Three Indian sailors died in one of the strikes. U.S. Central Command claimed the three boats were targeted for violating the U.S. blockade of Iran and for failing to comply with U.S. orders.
In India, the father of one of the sailors killed called for his son’s body to be returned home.
Rajesh Sharma : “I only have one demand, that the mortal remains of my son be brought back. I want to know about his last moments. Was he provided rescue help or not? What were the circumstances that led to the death of three crew members of our country? All others were rescued. Why not them?”
Musk Poised to Become World’s First Trillionaire as SpaceX Goes Public
Jun 12, 2026
Elon Musk is poised to become the world’s first trillionaire when his rocket company SpaceX makes its debut on Wall Street today in the largest IPO in history. The company says it is selling over 555 million shares at a price of $135 a share. Musk claims his company is worth over $1.7 trillion.
Democratic Senator Elizabeth Warren has written to the Securities and Exchange Commission asking for the agency to investigate the SpaceX stock sale. She said, “This is shaping up to be the most rigged I.P.O. in American history.”
Meanwhile, environmental and conservation groups have filed a federal lawsuit seeking to block a land swap that would give SpaceX more than 700 acres of a national wildlife refuge in South Texas. This is Bekah Hinojosa of the South Texas Environmental Justice Network.
Bekah Hinojosa : “SpaceX getting more money means the rocket facility getting larger, creating more damages to poor people’s homes, dumping more pollution into the environment, onto our beach. The SpaceX IPO means a bigger environmental disaster for this South Texas community.”
Trump Taps Jay Clayton to Head National Intelligence After Bipartisan Opposition to Bill Pulte
Jun 12, 2026
President Trump said Thursday he is nominating Jay Clayton to be the next director of national intelligence to oversee the nation’s 18 intelligence agencies. Clayton is the U.S. attorney for the Southern District of New York and a former chair of the Securities and Exchange Commission. Trump had faced bipartisan criticism for his decision last week to na…
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