National

U.S. nears Hormuz deal, aiming for Wednesday announcement

Codebook

Axios Codebook

Cyberattacks target water systems in at least 12 states: report

Pro Deals

Pro Deals Weekly Digest

Trump cancels Iran attack, citing progress in negotiations

Scoop: MBS raises concerns over Trump's plans for massive Iran strikes

Trump considering strikes on Iranian energy targets within days

Twin Cities

Axios Twin Cities

Report: Iranian hackers likely behind Minnesota municipal water cyberattack

Macro

Axios Macro

U.S. economy grows at 1.5% rate in second quarter

Bar chart showing quarterly annualized U.S. GDP growth from Q1 2025 through Q2 2026. After contracting slightly in Q1 2025 (about -0.5%), GDP rebounded to roughly 3.8% in Q2 2025 and peaked around 4.4% in Q3 2025. Growth then slowed to about 0.7% in Q4 2025, recovered to roughly 2.1% in Q1 2026, and eased to 1.5% in Q2 2026, which is highlighted.

Change in U.S. Gross Domestic Product

Data: Bureau of Economic Analysis; Chart: Courtenay Brown/Axios

Markets

Axios Markets

Iran war shows China's role in setting the price of oil

A line chart that tracks Chinaâs monthly crude oil imports, in millions of barrels per day, from January 2015 to June 2026. Imports range from 5.42 million in May 2015 to 13.06 million in December 2025. They generally rise through 2025, then fall to 7.06 million in June 2026.

Chinese crude oil imports

Data: China's General Administration of Customs; Chart: Matt Phillips/Axios

U.S. launches fresh airstrikes in Iran

Saudi defense minister holds urgent meeting with Trump after Iraq strikes

Saudi defense minister meets with Vance after Iraq strikes

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