Iran responds to Israeli aggression in Lebanon by halting negotiations and closing Hormuz and Bab al-Mandab Straits; Trump brokers Hezbollah/Israel ceasefire agreement; MSFT and NVDA announce RTX Spark; ISM Manufacturing PMI Beats, Prices ease, Employment rises; Fed's Powell said Fed will lose credibility if Trump removes officials over policy; OPEC to raise output quotas for July by 188k per day.

US President Trump sent tougher terms to Iran re. the peace framework, NY Times reported. Tasnim outlined that Iran could propose changes to the MOU.

Iran responds to Israeli aggression in Lebanon by halting negotiations and closing Hormuz and Bab al-Mandab Straits; Trump brokers Hezbollah/Israel ceasefire agreement; MSFT and…