Oil prices plunge as Iran reopens Strait of Hormuz, but 'pre-war levels' could take longer: Analyst

Iran reopened the Strait of Hormuz to commercial traffic, causing oil prices to plunge. Energy analyst John Kilduff noted that reaching pre-war oil levels may take longer due to ongoing regional tensions.

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Trump plans to ease access to psychedelics like psilocybin, ibogaine

President Biden plans to direct federal agencies to increase research and clinical trials on psychedelics like psilocybin and ibogaine. The move aims to support medical studies and potential therapeutic uses, aligning with initiatives championed by Robert F. Kennedy Jr. The policy shift signals a more open approach to these substances.

Washington Post Politics·57m ago

Politics

US-Iran talks take sudden, uncertain shift with sweeping claims on both sides

US-Iran talks experienced a sudden shift with conflicting claims from both sides. President Trump claimed Iran agreed to open the Strait of Hormuz and a ceasefire with Lebanon, but Iranian and Israeli officials' statements cast doubt on these assertions amid ongoing regional tensions.

The Hill·1h ago

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White House says meeting with Anthropic ‘productive and constructive’

Anthropic CEO Dario Amodei met with White House officials, with the administration describing the discussion as productive. The meeting raises questions about the AI firm's future relationship with the US government amid its Pentagon dealings and ongoing AI policy discussions.

The Hill·1h ago

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Trump administration to release Second Avenue subway funding after MTA lawsuit

The Trump administration agreed to release federal funds for New York's Second Avenue subway extension after a lawsuit settlement, restoring critical transit project funding. The decision follows legal action and involves the Department of Transportation, with no detailed financial figures or timeline provided.

The Hill·2h ago

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Russia introduces bill to criminalize unregistered crypto services

Russia proposes a bill to criminalize unregistered crypto services, requiring registration with the Bank of Russia. Violators could face fines or prison. The move aims to regulate crypto activity and prevent illegal services.

Cointelegraph·2h ago

Politics

EPA appoints industry players and academics to its Science Advisory Board

EPA announced new appointments to its Science Advisory Board, including industry players and academics, after over a year since the previous reset. The board provides scientific advice on environmental policies, with recent changes reflecting a broader industry-academic collaboration.

The Hill·2h ago

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