A senior U.S. official expects cargo traffic through the Strait of Hormuz to increase over the next 1-2 weeks.

European Council President Costa said today the EU has opened formal accession negotiations with Ukraine, calling it a historic step toward Ukraine’s future within the EU.

June 15 — Sam's Club China said it was summoned for a supervisory meeting by the State Administration for Market Regulation and has acknowledged and accepted the regulator's findings and rectification requirements. The company apologized to members, said management has formed a special remediation taskforce and launched immediate, full-channel and full-chain self-inspection and rectification. Sam's Club China said it will comply with applicable laws and regulatory requirements, comprehensively strengthen food-safety and product-quality controls, uphold the food-safety baseline and improve member experience. It will report remediation progress regularly to regulators and accept external supervision.