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On June 2, according to U.S. sources, the Trump administration continued to release large quantities of the U.S. Strategic Petroleum Reserve to alleviate the energy supply crisis caused by the U.S.-Iran conflict and the closure of the Strait of Hormuz. Data released by the U.S. Department of Energy that day showed that the Strategic Petroleum Reserve decreased by 8 million barrels of crude oil last week. This follows reductions of 9.1 million barrels and a record 9.9 million barrels in the previous two weeks. Currently, the Strategic Petroleum Reserve stands at 357.1 million barrels, the lowest level since January 2024. Experts indicate that at the current rate of release, the Strategic Petroleum Reserve could fall below the low point reached during the Biden administration as early as next week, reaching its lowest level since 1983.

[U.S. Strategic Oil Reserve Falls to Lowest Level in Over Two Years]On June 2, according to U.S. sources, the Trump administration continued to release large quantities of the U.S. Strategic Petroleum Reserve to alleviate the energy supply crisis caused by the U.S.-Iran conflict and the closure of the Strait of Hormuz. Data released by the U.S. Department of Energy that day showed that the Strategic Petroleum Reserve decreased by 8 million barrels of crude oil last week. This follows reductions of 9.1 million barrels and a record 9.9 million barrels in the previous two weeks. Currently, the Strategic Petroleum Reserve stands at 357.1 million barrels, the lowest level since January 2024. Experts indicate that at the current rate of release, the Strategic Petroleum Reserve could fall below the low point reached during the Biden administration as early as next week, reaching its lowest level since 1983.

U.S. Strategic Oil Reserve Falls to Lowest Level in Over Two Years

On June 2, local time on the evening of June 1, Israeli Prime Minister Netanyahu confirmed via social media that he had a phone call with U.S. President Trump that evening. During the call, he informed Trump that if Hezbollah continues to attack Israeli cities and civilians, Israel will strike relevant targets located in Beirut, the capital of Lebanon. He stated, 'Our position remains unchanged. Meanwhile, the Israel Defense Forces will continue operations in southern Lebanon as planned.' (CCTV)

[Israeli Prime Minister: IDF Will Continue Operations in Southern Lebanon as Planned]On June 2, local time on the evening of June 1, Israeli Prime Minister Netanyahu confirmed via social media that he had a phone call with U.S. President Trump that evening. During the call, he informed Trump that if Hezbollah continues to attack Israeli cities and civilians, Israel will strike relevant targets located in Beirut, the capital of Lebanon. He stated, 'Our position remains unchanged. Meanwhile, the Israel Defense Forces will continue operations in southern Lebanon as planned.' (CCTV)

Israeli Prime Minister: IDF Will Continue Operations in Southern Lebanon as Planned

All three major U.S. stock indices closed higher, with the Dow Jones Industrial Average rising by 0.09% to 51,078.88 points; the S&P 500 increasing by 0.26% to 7,599.96 points; and the Nasdaq Composite gaining 0.42% to 27,086.81 points.

[U.S. Stock Indices Close Higher]All three major U.S. stock indices closed higher, with the Dow Jones Industrial Average rising by 0.09% to 51,078.88 points; the S&P 500 increasing by 0.26% to 7,599.96 points; and the Nasdaq Composite gaining 0.42% to 27,086.81 points.

U.S. Stock Indices Close Higher

On June 2, local time June 1, the Islamic Revolutionary Guard Corps (IRGC) of Iran announced that in retaliation for an aggressive attack by US forces on Iranian vessels in the Gulf of Oman, the IRGC Navy targeted the vessel 'Sariska,' belonging to US and Israeli forces, using cruise missiles. The IRGC Navy emphasized that any acts of aggression by US forces in the region will be met with a resolute response. The statement did not specify the exact timing of the related actions.

[IRGC Claims Strike on US-Israeli Vessel]On June 2, local time June 1, the Islamic Revolutionary Guard Corps (IRGC) of Iran announced that in retaliation for an aggressive attack by US forces on Iranian vessels in the Gulf of Oman, the IRGC Navy targeted the vessel 'Sariska,' belonging to US and Israeli forces, using cruise missiles. The IRGC Navy emphasized that any acts of aggression by US forces in the region will be met with a resolute response. The statement did not specify the exact timing of the related actions.

IRGC Claims Strike on US-Israeli Vessel

On June 2, the commander of the Quds Force of the Islamic Revolutionary Guard Corps (IRGC), Qani, stated on the 1st that Israel's military actions in Lebanon and Gaza, supported by the United States, will lead to an expansion of support for the 'resistance front' on these two fronts and 'activate' other fronts. The navigation status of the Mandeb Strait will be 'consistent' with that of the Strait of Hormuz. (CCTV News)

[IRGC Indicates Control Over Navigation in the Mandeb Strait]On June 2, the commander of the Quds Force of the Islamic Revolutionary Guard Corps (IRGC), Qani, stated on the 1st that Israel's military actions in Lebanon and Gaza, supported by the United States, will lead to an expansion of support for the 'resistance front' on these two fronts and 'activate' other fronts. The navigation status of the Mandeb Strait will be 'consistent' with that of the Strait of Hormuz. (CCTV News)

IRGC Indicates Control Over Navigation in the Mandeb Strait

Robinhood: Completion of the acquisition of WonderFi.

[Robinhood Completes Acquisition of WonderFi]Robinhood: Completion of the acquisition of WonderFi.

Robinhood Completes Acquisition of WonderFi

On June 2, the Chicago Mercantile Exchange Group announced the launch of 24/7 cryptocurrency futures and options trading.

[CME Group Launches 24/7 Cryptocurrency Futures and Options Trading]On June 2, the Chicago Mercantile Exchange Group announced the launch of 24/7 cryptocurrency futures and options trading.

CME Group Launches 24/7 Cryptocurrency Futures and Options Trading

The US Dollar Index rose by 0.3% on the 1st, closing at 99.200 in the foreign exchange market.

[US Dollar Index Rises 0.3% on the 1st]The US Dollar Index rose by 0.3% on the 1st, closing at 99.200 in the foreign exchange market.

US Dollar Index Rises 0.3% on the 1st

On June 2, local time June 1, the Lebanese Presidential Office issued a statement confirming that Hezbollah has committed to cease its attacks on Israel. This announcement follows a similar declaration by U.S. President Trump. The statement also revealed specific details of the negotiations. In the mediation for this ceasefire, Trump communicated with Hezbollah through Lebanese President Joseph Aoun and the U.S. Ambassador to Lebanon. All parties actively coordinated, ultimately leading to this ceasefire consensus. (CCTV)

[Lebanese Presidential Office: Hezbollah Commits to Cease Attacks on Israel]On June 2, local time June 1, the Lebanese Presidential Office issued a statement confirming that Hezbollah has committed to cease its attacks on Israel. This announcement follows a similar declaration by U.S. President Trump. The statement also revealed specific details of the negotiations. In the mediation for this ceasefire, Trump communicated with Hezbollah through Lebanese President Joseph Aoun and the U.S. Ambassador to Lebanon. All parties actively coordinated, ultimately leading to this ceasefire consensus. (CCTV)

Lebanese Presidential Office: Hezbollah Commits to Cease Attacks on Israel

On May 31, CNN reported that officials stated Trump made modifications to the proposed agreement with Iran after meeting with his advisors on Friday, which will extend the negotiation process by another week. The specific changes requested by Trump remain unclear, but officials indicated that the president insists on incorporating tougher language regarding Iran's nuclear commitments and guarantees for the reopening of the Strait of Hormuz. As disputes over the wording of the agreement continue, it remains uncertain how these differences will be resolved. Axios and The New York Times previously reported on Trump's proposed modifications.

[US Media: Trump's Modifications to Proposed Agreement Extend US-Iran Negotiations by One Week]On May 31, CNN reported that officials stated Trump made modifications to the proposed agreement with Iran after meeting with his advisors on Friday, which will extend the negotiation process by another week. The specific changes requested by Trump remain unclear, but officials indicated that the president insists on incorporating tougher language regarding Iran's nuclear commitments and guarantees for the reopening of the Strait of Hormuz. As disputes over the wording of the agreement continue, it remains uncertain how these differences will be resolved. Axios and The New York Times previously reported on Trump's proposed modifications.

US Media: Trump's Modifications to Proposed Agreement Extend US-Iran Negotiations by One Week

Investors Frantically Snap Up AI Firms with 'No Profits': A High-Stakes Gamble on 'the Right to Define the Future'

The 'Stock Call King' Serenity: 3840% Annual Return, Beating Institutions to the Punch

IOSG: DeFi at Its Most Critical Moment, The Real Vulnerability Lies Not in the Code

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Hoskinson Reaffirms Cardano Focus After IO Treasury Proposals Pass

TechFlow Intelligence Report: Xiaomi Announces 200 Billion HKD Stock Buyback Plan, Spot Gold Falls Nearly 1%

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Article

ETH drops below 2000 USDT

Israeli Prime Minister Orders Strikes on Southern Beirut

US Media: Trump's Modifications to Proposed Agreement Extend US-Iran Negotiations by One Week

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