The U.S. and Iran agreed to a framework extending their ceasefire for 60 days, with a formal signing ceremony expected Friday and nuclear talks to follow.
Why it matters: The agreement could reopen the Strait of Hormuz, ease pressure on global energy markets and create a window for negotiations over Iran's nuclear program.
Crude oil prices fell over 4% to their lowest levels in over three months Sunday after the U.S. and Iran agreed to a ceasefire extension that could lead to the reopening of the Strait of Hormuz.
Why it matters: Severe restrictions on oil traffic through the strait since the conflict began in late February have created an unprecedented energy shock that's a drag on the global economy.
MINNEAPOLIS — The nation's most powerful labor unions have a message for potential 2028 contenders for president: It's us or the machines.
Why it matters: AI anxiety dominated much of the conversation at the AFL-CIO's national convention here last week, as leaders from the group's 65 affiliated unions called on politicians to impose significant AI regulations.
In the last month alone, four progressive House candidates she's endorsed in open primaries have cruised to victory, making her an early kingmaker as she weighs a 2028 presidential run.
Why it matters: AOC has gotten on a roll by deploying a different strategy from that of her mentor, Sen. Bernie Sanders (I-Vt.) — one that, despite its success, is dividing the left.
President Trump is demanding Congress attach his sweeping voting overhaul to legislation renewing a key U.S. surveillance authority.
Why it matters: Section 702 of the Foreign Intelligence Surveillance Act is among the government's most contested surveillance authorities, long opposed by privacy advocates and supported by security hawks. Its fate now hinges on Trump's unrelated demands for a voting bill.
Senior technical Anthropic staff are in Washington to meet with White House officials to try to fix a dispute that has taken the company's top models offline, a source close to the company tells Axios.
Why it matters: Anthropic is mobilizing quickly to make amends with the Trump administration, after safety concerns resulted in sweeping export controls on its most powerful models, Mythos and Fable.
President Trump tells Axios the U.S.–Iran deal to end the war is still on track for Sunday despite Israel's strike in Beirut and the Iranian threat to retaliate.
Why it matters: The president is racing to save a deal that nearly collapsed the moment Israel struck Beirut, leaning on private diplomacy and public messaging to get it signed. Iranian officials haven't confirmed a deal is expected to be signed today.
A drone strike on northern Israel set off a chain reaction Sunday: Israel hit Hezbollah targets in Beirut in retaliation, and Iran is now threatening to strike back.
Why it matters: The escalation lands hours before the the U.S. and Iran are supposed to sign a deal to end their war, and now Iranian officials have signaled Israel's attack could scuttle the agreement.
Top White House officials believe New York Times reporters Maggie Haberman and Jonathan Swan obtained audio recordings of Situation Room meetings for their forthcoming book,"Regime Change."
Why it matters: Such a taped leak would be a shocking breach of one of the most secure settings on Earth. Independent recording devices in the Situation Room are forbidden.
"We're afraid some of our most sensitive conversations were being recorded," an administration source told us. "And we have no idea which ones."
