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SpaceX (SPCX.O) shares fell sharply, dropping by 2%.

2026-06-17

SpaceX (SPCX.O) shares fell sharply, dropping by 2%.

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2026-06-17

President Trump said at the G7 summit on Wednesday that the path of global oil prices will determine whether the United States reinstates sanctions on shipments of Russian crude. He added, We are watching how low oil will go; prices have fallen subst

President Trump said at the G7 summit on Wednesday that the path of global oil prices will determine whether the United States reinstates sanctions on shipments of Russian crude. He added, We are watching how low oil will go; prices have fallen substantially. The administration earlier this year eased sanctions on some Russian oil and the Treasury has repeatedly extended temporarily waivers, but it has not said whether the current authorization, which expires later this week, will be renewed. G7 leaders on Tuesday pledged firm support for Ukraine and backed tightening sanctions, including measures targeting Russia's oil and gas sector. Oil has fallen sharply since Trump announced earlier this week that the US reached a deal with Iran, though prices remain well above pre-war levels.
2026-06-17

China Vice President Han Zheng met former U.S. Transportation Secretary Elaine Chao in Beijing on June 17. Han said May’s Xi–Trump meeting established a new positioning of constructive strategic stability and provided strategic guidance for the next

China Vice President Han Zheng met former U.S. Transportation Secretary Elaine Chao in Beijing on June 17. Han said May’s Xi–Trump meeting established a new positioning of constructive strategic stability and provided strategic guidance for the next phase of China–U.S. relations, urging both sides to act on the leaders’ consensus by deepening economic and trade cooperation and expanding people-to-people and local exchanges. Chao described the summit as significant, said stable U.S.–China relations serve mutual interests, and pledged to continue promoting pragmatic cooperation and civilian exchanges.
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