NATO chief downplays US military cutbacks

NATO Secretary General Mark Rutte said on Wednesday that a cut in the number of troops and equipment the US would provide to traditional allies in the event of an attack would not have an immediate impact. “It’s not about where troops and assets are currently located,” Rutte told reporters in Brussels, according to the…

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Strait of Hormuz reopening may take weeks

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | Reuters It will take weeks to clear the backlog of ships in the Strait of Hormuz, industry executives and shipping experts have warned, as the critical waterway is set to reopen. Oil prices initially dipped below $80 per barrel…

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FDA vaccine panel set to review Moderna mRNA flu shot

{Beacon} Presented by Philip Morris International {Beacon} Online Health Care Health Care View Health Care FDA panel set to review Moderna mRNA flu shot The FDA’s vaccine advisers appear to be open to Moderna’s candidate for an mRNA flu vaccine ahead of a key meeting Thursday. The company is seeking traditional approval for people… Source…

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Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

Imen Ben Youssef | Afp | Getty Images Oil prices declined Thursday after President Donald Trump reportedly signed ​a deal ​with his Iranian counterpart Masoud Pezeshkian to end the ​war in the Middle East, while the International Energy Agency flagged a supply glut next year. International benchmark Brent crude futures for August dropped 1.13% to $78.65 a barrel. U.S. West…

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