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And Israel needs the US for deeper impact. Global news you can trust. Download the Reuters App.   Daily Briefing Daily Briefing By Kate Turton Hello. Iran and Israel launched new missile strikes at each other, and mass signal jamming in the Gulf is endangering oil tankers. Elsewhere, the US is set to drop guidance to limit alcohol to one or two drinks per day, and an early Fed chair nomination could rattle markets. Plus, for those in the US celebrating, we have an explainer with everything you need to know about Juneteenth .   Today's Top News   An Israeli woman attends to a dog as people take cover inside a cable car tunnel following a missile attack from Iran, Haifa, June 17, 2025. REUTERS/Itay Cohen Israel-Iran conflict Thousands of people were fleeing Tehran and other major cities, Iranian media reported, as Iran and Israel launched new missile strike...

The intensity of the Middle East conflict went up several more notches overnight. Get full access to Reuters.com for just $1/week. Subscribe now.   Morning Bid U.S. Morning Bid U.S. What matters in U.S. and global markets today   By Mike Dolan , Editor-At-Large, Financial Industry and Financial Markets   I'm excited to announce that I'm now part of  Reuters Open Interest (ROI) , an essential new source for data-driven, expert commentary on market and economic trends. You can find ROI on the Reuters website , and you can follow us on  LinkedIn and  X.   The alarming Israel-Iran war is keeping world oil prices volatile, but crude moves have not yet hit red-alert territory, and markets are now turning their attention to Wednesday's Federal Reserve policy decision. I'll discuss this and all of the market news below, and then i...