On June 7 local time Iran launched multiple missile salvos at Israel in response to an escalation of Israeli strikes in Lebanon — the first direct Iranian missile attack since the April 8 ceasefire — marking a major regional escalation that could undermine U.S.-Iran talks and risk reigniting wider conflict. Israeli officials said all missiles were intercepted and threatened retaliation. Trump told Fox News he had advised Iran to stop firing and return to the negotiating table, said he would call

An ECB Governing Council member and Cyprus central bank governor said on Sunday Europe should drop long-standing political resistance to joint debt issuance and create a large-scale common “safe asset” to strengthen EU sovereignty and stability. He argued the rare synchronicity of economic, geopolitical and institutional conditions strengthens the case for pooled bonds. A common instrument, he said, could lower borrowing costs, reduce market fragmentation and finance large-scale green, digital and AI investments, defence, public-health preparedness and energy-security projects. He acknowledged Germany and the Netherlands’ historical opposition over contingent taxpayer liability, and said the ECB is increasingly pushing the policy shift.

Iran's foreign ministry said the attack occurred after Israel's operations in Lebanon and repeated violations of the ceasefire agreement.