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5 min readNegotiators from the U.S. and Iran are entering a second day of talks in Switzerland, hoping to finalize a deal to end the nearly four-month-old U.S. and Israeli war against Iran. The stakes are high: President Trump, speaking on Fox News, vowed to resume bombing Iran and “take over the Strait of Hormuz” if no agreement is reached. Tensions over the shipping lane escalated after Iran claimed control of it, though the U.S. military has denied that assertion. Resolving the standoff over the Strait and securing a ceasefire between Israel and Lebanon are described as top priorities for American rare earth producers, a detail that underscores the economic stakes tied to the negotiations.
China retaliates with export controls on U.S. defense firms
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What you'll learn
- 1 (00:04) **U.S.-Iran Nuclear Deal Talks Continue** - Negotiators begin a second day in Switzerland aiming to finalize a deal to end the U.S. and Israeli war against Iran.
- 2 (00:47) **Top U.S. Priorities in the Region** - Resolving tensions over the Strait of Hormuz and ensuring a ceasefire between Israel and Lebanon are top priorities.
- 3 (01:06) **China Retaliates Against U.S. Defense Contractors** - China places 10 U.S. defense contractors on an export control list in response to the Pentagon expanding a list of Chinese firms with alleged links to the military.
- 4 (01:58) **Los Angeles Warehouse Fire Smolders** - Health officials are concerned about air quality in the Boyle Heights neighborhood after a cold storage warehouse caught fire Wednesday.
- 5 (02:27) **Wildfires in the Western U.S.** - Extreme heat, dry conditions, and wind are fueling several wildfires this weekend, including near the town of Eureka, southwest of Salt Lake City.
- 6 (02:52) **Asian Markets Rise on Iran Talks** - Stocks mostly rose in Asia on Monday, with markets calmed by Iran's statement that progress had been made in peace talks with the U.S.
- 7 (03:01) **President Trump Calls for Military Intervention in Chicago** - Following a weekend of violence with seven killed and 38 injured, President Trump calls for action on social media.
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