European stocks are expected to open in mixed territory on Monday as investors digest the latest in U.S.-Iran peace negotiations.
The U.S. Treasury Department is revoking its authorization for Iranian oil sales, a license that allowed production, delivery, and sale through August 21. This action follows a series of attacks on tankers in the Strait of Hormuz, with a U.S. official stating Iran's actions were unacceptable and will face consequences.
Maine Democratic Senate candidate Graham Platner is facing calls to drop out of the election following allegations of sexual assault by Jenny Racicot. Platner denies the claims. Allies like Bernie Sanders have urged him to step aside, potentially opening the door for other Democrats to replace him in the pivotal race against Republican Sen. Susan Collins.
Nigel Farage has resigned as an MP to recontest the Clacton seat in a bid to seize the initiative amid scrutiny over undeclared gifts and financial support. The move is framed as 'the people versus the establishment' and aims to trigger a by-election before Parliament's summer break.
Fifa has launched an investigation into alleged racist abuse involving American social media influencer IShowSpeed and a supporter during Argentina's 3-2 victory over Cape Verde. The incident reportedly occurred on July 3rd at the Hard Rock Stadium in Miami.
Aston Villa midfielder Amadou Onana has ruptured the ACL in his right knee during Belgium's World Cup match against the United States. The 24-year-old was substituted after 21 minutes and will likely be out for 6-9 months.
US President Donald Trump's arrival at the Nato summit in Ankara was marked by a ceremonial welcome from Turkish President Erdogan. However, Trump's comments on potentially taking Greenland and his criticism of allies' support during the Iran conflict disrupted the summit's image of unity.
