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Trump says an Iran deal is 'largely negotiated' as gas tops $4.56 and a gunman is killed at the White House

President Trump said the US-Iran deal to end the war is "largely negotiated, subject to finalization", and the New York Times reported Tehran agreed to a draft plan to reopen the Strait of Hormuz. National-average gasoline hit $4.56, with Washington state at a record $5.79. Secret Service shot Nasire Best, 21, dead after he fired at a White House checkpoint, wounding a bystander; the UK AISI said Claude Mythos and GPT-5.5 took over corporate networks autonomously 60 and 30 percent of the time, and Texas heads to a Cornyn-Paxton Senate runoff Tuesday.

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Trump says US-Iran agreement 'largely negotiated' as Tehran backs draft plan to reopen Hormuz

President Trump said on May 24 that an agreement between the United States, Iran "and the various other countries" to end the two-month war "has been largely negotiated, subject to finalization", with the terms discussed in a "very good call" with regional leaders and separately with Israeli Prime Minister Benjamin Netanyahu. The New York Times, citing three senior Iranian officials, reported Tehran has agreed to a draft plan to end fighting and reopen the Strait of Hormuz. The announcement follows Trump's May 19 decision to postpone planned strikes as Gulf leaders said a deal was close, and his May 20 call with Netanyahu over a Qatar- and Pakistan-drafted peace memo.

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President Trump said on May 24 that an agreement between the United States, Iran "and the various other countries" to end the two-month war "has been largely negotiated, subject to finalization", with the terms discussed in a "very good call" with regional leaders and separately with Israeli Prime Minister Benjamin Netanyahu. The New York Times, citing three senior Iranian officials, reported Tehran has agreed to a draft plan to end fighting and reopen the Strait of Hormuz. The announcement follows Trump's May 19 decision to postpone planned strikes as Gulf leaders said a deal was close, and his May 20 call with Netanyahu over a Qatar- and Pakistan-drafted peace memo.

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US national average gas price hits $4.56 as Iran war strains summer travel

The national average price of gasoline in the United States rose to $4.56 a gallon on Wednesday, the highest level this year, as Iran's closure of the Strait of Hormuz disrupts global energy supplies. Every state has now topped $4 a gallon, with Washington state setting an all-time record at $5.79 and Alaska averaging $5.27. The spike has become a central political issue ahead of the Memorial Day weekend, with both Democrats and Republicans criticizing the White House's handling of the crisis.

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The national average price of gasoline in the United States rose to $4.56 a gallon on Wednesday, the highest level this year, as Iran's closure of the Strait of Hormuz disrupts global energy supplies. Every state has now topped $4 a gallon, with Washington state setting an all-time record at $5.79 and Alaska averaging $5.27. The spike has become a central political issue ahead of the Memorial Day weekend, with both Democrats and Republicans criticizing the White House's handling of the crisis.

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Anthropic and OpenAI advanced AI models demonstrate unprecedented hacking capabilities, raising cyberattack concerns

Anthropic's Claude Mythos and OpenAI's GPT-5.5 have shown the ability to identify and exploit software vulnerabilities at a pace exceeding human experts, according to nine cybersecurity researchers and tech leaders who tested the models. The UK's AI Security Institute found Mythos could fully take over a corporate network in 60% of attempts, while GPT-5.5 succeeded in 30% of tries. The Trump administration has delayed signing an executive order that would establish voluntary AI model testing, amid concerns about stifling innovation.

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Anthropic's Claude Mythos and OpenAI's GPT-5.5 have shown the ability to identify and exploit software vulnerabilities at a pace exceeding human experts, according to nine cybersecurity researchers and tech leaders who tested the models. The UK's AI Security Institute found Mythos could fully take over a corporate network in 60% of attempts, while GPT-5.5 succeeded in 30% of tries. The Trump administration has delayed signing an executive order that would establish voluntary AI model testing, amid concerns about stifling innovation.

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Texas Republican Senate runoff between Paxton and Cornyn could open door for Democrat Talarico

Texas voters go to the polls on Tuesday for a Republican Senate primary runoff between Attorney General Ken Paxton, endorsed by President Donald Trump, and incumbent Senator John Cornyn. The winner will face Democratic state Representative James Talarico in November’s midterm election. Polls show Talarico tied with or leading both Republican candidates, raising the possibility of a Democratic flip in a state that has not elected a Democrat statewide since 1994.

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Texas voters go to the polls on Tuesday for a Republican Senate primary runoff between Attorney General Ken Paxton, endorsed by President Donald Trump, and incumbent Senator John Cornyn. The winner will face Democratic state Representative James Talarico in November’s midterm election. Polls show Talarico tied with or leading both Republican candidates, raising the possibility of a Democratic flip in a state that has not elected a Democrat statewide since 1994.

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Oil markets near crisis point as US-Iran deal remains elusive

Background: Oil prices have been volatile amid conflicting signals from President Trump about a peace deal with Iran, with the Strait of Hormuz blockade depleting global inventories. New development: Analysts warn that if the Strait remains closed and OECD oil stocks continue to be drawn down at the April pace, critically low levels could be reached by the end of June, potentially pushing Brent crude to $130-$140 per barrel and causing economically damaging 'demand destruction'. The Institute for International Finance reports that disruption is spreading beyond oil to LNG, fertilizers, shipping, and industrial inputs, creating a broader deterioration in supply reliability. Even if a deal reopens the Strait, the IIF predicts only partial normalization, with the energy system remaining tighter and more fragile than before the shock. US consumers have paid an estimated $40 billion ($300 per household) in additional gasoline costs since the war began.

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Background: Oil prices have been volatile amid conflicting signals from President Trump about a peace deal with Iran, with the Strait of Hormuz blockade depleting global inventories. New development: Analysts warn that if the Strait remains closed and OECD oil stocks continue to be drawn down at the April pace, critically low levels could be reached by the end of June, potentially pushing Brent crude to $130-$140 per barrel and causing economically damaging 'demand destruction'. The Institute for International Finance reports that disruption is spreading beyond oil to LNG, fertilizers, shipping, and industrial inputs, creating a broader deterioration in supply reliability. Even if a deal reopens the Strait, the IIF predicts only partial normalization, with the energy system remaining tighter and more fragile than before the shock. US consumers have paid an estimated $40 billion ($300 per household) in additional gasoline costs since the war began.

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Iran rejects US demand to hand over enriched uranium in Persian Gulf peace deal

Background: Iran is believed to hold over 440 kg of uranium enriched to 60% after the June 2025 US strikes, with the material's location unclear. US President Trump claims Iran agreed to hand over the stockpile, but Tehran has not confirmed. A senior Iranian official explicitly denied that Tehran agreed to surrender its highly enriched uranium as part of a pending Memorandum of Understanding, stating the nuclear issue is excluded from the current localized security framework. The core trade-off remains lifting the maritime embargo and oil sanctions in exchange for the IRGC dismantling choke points in the Strait of Hormuz.

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Background: Iran is believed to hold over 440 kg of uranium enriched to 60% after the June 2025 US strikes, with the material's location unclear. US President Trump claims Iran agreed to hand over the stockpile, but Tehran has not confirmed. A senior Iranian official explicitly denied that Tehran agreed to surrender its highly enriched uranium as part of a pending Memorandum of Understanding, stating the nuclear issue is excluded from the current localized security framework. The core trade-off remains lifting the maritime embargo and oil sanctions in exchange for the IRGC dismantling choke points in the Strait of Hormuz.

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Israel fears US-Iran deal may prioritize de-escalation over core concerns

Background: Iran is reviewing a US proposal to end the conflict delivered via Pakistan, while Trump threatens renewed bombing if no deal is reached. Israel has bombed Beirut for the first time since a ceasefire, and Hezbollah has launched strikes against Israeli forces. The Strait of Hormuz blockade strains global shipping, and China has paused loans to sanctioned refineries. Today, Israel fears that a US-Iran deal mediated by Pakistan and Arab capitals will prioritize de-escalation over core concerns, postponing issues such as Iran's enriched uranium, ballistic missile program, and regional proxy networks. Israeli officials view this as a potential 'peace without victory' that allows Iran to survive despite recent military setbacks.

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Background: Iran is reviewing a US proposal to end the conflict delivered via Pakistan, while Trump threatens renewed bombing if no deal is reached. Israel has bombed Beirut for the first time since a ceasefire, and Hezbollah has launched strikes against Israeli forces. The Strait of Hormuz blockade strains global shipping, and China has paused loans to sanctioned refineries. Today, Israel fears that a US-Iran deal mediated by Pakistan and Arab capitals will prioritize de-escalation over core concerns, postponing issues such as Iran's enriched uranium, ballistic missile program, and regional proxy networks. Israeli officials view this as a potential 'peace without victory' that allows Iran to survive despite recent military setbacks.

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Iran wary of generous US deal amid nuclear talks

Background: The IRGC consolidated power in Iran, reducing Supreme Leader Mojtaba Khamenei to a largely ceremonial role, with decisions made by the National Security Council and IRGC leadership. Today: A leading analyst, Vali Nasr of Johns Hopkins University, warns that Iran will view any generous US offer with suspicion, fearing it could mask preparations for further military action. He states that Iran will look for clear signs of a US military backdown, and that the final decision on trusting the US falls on Supreme Leader Mojtaba Khamenei, marking his first major decision with significant consequences.

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Background: The IRGC consolidated power in Iran, reducing Supreme Leader Mojtaba Khamenei to a largely ceremonial role, with decisions made by the National Security Council and IRGC leadership. Today: A leading analyst, Vali Nasr of Johns Hopkins University, warns that Iran will view any generous US offer with suspicion, fearing it could mask preparations for further military action. He states that Iran will look for clear signs of a US military backdown, and that the final decision on trusting the US falls on Supreme Leader Mojtaba Khamenei, marking his first major decision with significant consequences.

Frequently Asked

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What did Trump say about the Iran deal?
President Trump announced on Truth Social that an agreement between the US, Iran, and other countries to end their two-month war has been 'largely negotiated, subject to finalization'.
How high is the national average gas price?
The national-average price of gasoline reached $4.56 a gallon on Wednesday, the highest level this year, with every state above $4 a gallon.
What happened at the White House?
The Secret Service shot dead 21-year-old Nasire Best after he opened fire near the Eisenhower Executive Office Building; the White House was briefly locked down.
What did AI models achieve in cybersecurity tests?
Anthropic's Claude Mythos and OpenAI's GPT-5.5 could take over a corporate network autonomously in 60% and 30% of attempts, respectively, according to researchers.
Who is running in the Texas Senate primary runoff?
Attorney General Ken Paxton, endorsed by Trump, faces incumbent Senator John Cornyn in the Republican primary runoff on Tuesday.