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Oil prices fall 5% after Trump says China can continue buying oil from Iran.
“China can now continue to purchase Oil from Iran,” Trump said in a post on his social media platform Truth Social. “Hopefully, they will be purchasing plenty from the U.S., also. It was my Great Honor to make this happen!” Trump threatened in May to ban any country that buys Iranian oil from doing business with the U.S. China purchases the vast majority of Iran’s oil exports. Source: CNBC
Volkswagen unveils robotaxi destined for $UBER
Volkswagen unveiled its white-label robotaxi the people of Los Angeles will be able to hail via $UBER next year. Unlike its tech competitors, VW aims to be a supplier and leave the actual business of managing the fleets to $UBER. Source: Wolf of Harcourt Street @wolfofharcourt
Israel says ceasefire has been violated — Iran denies
The Israel Defense Forces have accused Iran of violating the ceasefire announced by U.S. President Donald Trump “In light of these severe violation of the ceasefire carried out by the Iranian regime, we will respond with force,” the IDF’s Chief of the General Staff Eyal Zamir said, according to a Telegram update from the Israeli military. Earlier, the IDF had reported it was working to intercept missiles launched by Iran toward Israel, with sirens blaring in the north of the Jewish state. News of Iran carrying out a missile attack against Israel after the ceasefire came into effect is “denied,” Reuters cites Iranian media as refuting. Source: CNBC
🤯Warren Buffett's Berkshire Hathaway Now Pays 5% of All U.S. Corporate Income Tax.
A 'record-shattering' $26.8 Billion: 🧵 Source: Caleb Naysmith @ccnaysmith
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