First Squawk

UK FOREIGN MINISTER COOPER: HEZBOLLAH MUST CEASE ATTACKS ON ISRAEL AND DISARM, WHILE ALL PARTIES SHOULD HONOR THE CEASEFIRE AND NEGOTIATE IN GOOD FAITH; SHE ALSO SAID ISRAEL'S MILITARY ESCALATION IN LEBANON HAS CAUSED CIVILIAN CASUALTIES, DISPLACEMENT, INFRASTRUCTURE DAMAGE, AND WEAKENED DIPLOMATIC EFFORTS.

ISRAELI FORCES HAVE ADVANCED BEYOND LEBANON'S LITANI RIVER AND TAKEN CONTROL OF THE STRATEGIC BEAUFORT CASTLE IN SOUTHERN LEBANON, WHILE THE LEBANON FRONT HAS EMERGED AS A MAJOR STICKING POINT IN ONGOING U.S.-IRAN NEGOTIATIONS.

U.S. MILITARY IS QUIETLY ASSISTING AND GUIDING COMMERCIAL SHIPS THROUGH THE STRAIT OF HORMUZ AMID HEIGHTENED REGIONAL TENSIONS: NYT.

THE SUPPLY CUT HIGHLIGHTS EGYPT'S GROWING ENERGY CHALLENGE, AS DOMESTIC GAS PRODUCTION OF ROUGHLY 4 BILLION CUBIC FEET PER DAY REMAINS WELL BELOW DEMAND OF 6.2 BILLION CUBIC FEET PER DAY, INCREASING RELIANCE ON LNG IMPORTS WHILE THE COUNTRY WORKS TO EXPAND PRODUCTION AND EXPLORATION ACTIVITY.

ISRAEL TEMPORARILY REDUCED NATURAL GAS EXPORTS TO EGYPT BY ABOUT 23% TO 850 MILLION CUBIC FEET PER DAY DUE TO ROUTINE MAINTENANCE AT THE TAMAR AND LEVIATHAN OFFSHORE GAS FIELDS, WITH THE WORK EXPECTED TO LAST LESS THAN A WEEK.

UK FOREIGN MINISTER COOPER TO VISIT CHINA ON JUNE 1 AND INDIA ON JUNE 3, WITH BOTH TRIPS FOCUSED ON ADDRESSING MAJOR GLOBAL CHALLENGES.

IAEA SAYS ITS TEAM AT ZAPORIZHZHIA OBSERVED DAMAGE TO THE EXTERIOR OF A TURBINE BUILDING REPORTEDLY HIT BY A DRONE, WHILE CONFIRMING RADIATION LEVELS REMAIN NORMAL.

RUSSIA'S ROSATOM SAYS A UKRAINIAN DRONE STRUCK THE ZAPORIZHZHIA NUCLEAR PLANT ON SATURDAY, CAUSING MINOR DAMAGE TO A MACHINE ROOM WALL WITH NO IMPACT ON KEY EQUIPMENT.

U.S. MOVES TO BLOCK POTENTIAL SALES OF NVIDIA AND AMD'S MOST ADVANCED AI CHIPS TO CHINESE-OWNED ENTITIES ABROAD, CLOSING A PERCEIVED LOOPHOLE LEFT AFTER THE TRUMP ADMINISTRATION ENDED ENFORCEMENT OF BIDEN-ERA GLOBAL CHIP EXPORT RESTRICTIONS IN MAY 2025.

GERMAN FOREIGN MINISTER: I URGE ALL SIDES TO HALT FIGHTING AND RETURN TO THE AGREED CEASEFIRE, WARNING THAT THE ISRAELI MILITARY'S CONTINUED ADVANCE INTO SOUTHERN LEBANON IS A MATTER OF GRAVE CONCERN.

IRAN'S TASNIM, CITING A SOURCE: TRUMP'S PROPOSED CHANGES DO NOT INDICATE IRAN HAS ACCEPTED THEM, AND TEHRAN WILL SUBMIT ITS OWN REVISIONS TO THE DRAFT MOU DURING ONGOING TALKS WITH THE U.S.

SYRIA'S PRESIDENT SHARAA TOLD TRUMP THAT LIFTING THE REMAINING SANCTIONS IS CRITICAL FOR REVIVING SYRIA'S ECONOMY; THE TWO LEADERS ALSO HELD A PHONE CONVERSATION, ACCORDING TO THE SYRIAN PRESIDENCY.

THE MOVE WOULD PRIORITIZE ENERGY SUPPLY STABILITY OVER TIGHTER SANCTIONS, REFLECTING FEARS THAT FURTHER RESTRICTIONS ON RUSSIAN OIL COULD WORSEN MARKET VOLATILITY, ACCELERATE INVENTORY DRAWDOWNS, AND TRIGGER ANOTHER SURGE IN GLOBAL FUEL PRICES.

THE EUROPEAN UNION IS CONSIDERING TEMPORARILY FREEZING ADJUSTMENTS TO ITS RUSSIAN OIL PRICE-CAP MECHANISM AS CONCERNS GROW OVER A POTENTIAL FUEL SHORTAGE CAUSED BY DISRUPTIONS FROM THE IRAN CONFLICT AND THE EFFECTIVE CLOSURE OF THE STRAIT OF HORMUZ.

ZELENSKY: WE BELIEVE RUSSIA COULD LAUNCH A MAJOR ASSAULT TONIGHT OR TOMORROW NIGHT USING DRONES, CRUISE MISSILES, AND BALLISTIC MISSILES.

BESSENT: IRAN MADE A MAJOR ERROR BY TARGETING ITS GCC NEIGHBORS, PROMPTING GULF ALLIES TO BECOME MORE COOPERATIVE WITH THE U.S. IN IDENTIFYING, FREEZING, AND RESTRICTING IRANIAN FUNDS HELD IN THEIR BANKING SYSTEMS.

Qatari Foreign Ministry: We call on the international community to compel the Israeli occupation authorities to stop its aggressions against Lebanon

Qatari Foreign Ministry: The State of Qatar condemns the continuation of Israeli aggressions on Lebanon and the expansion of ground incursions in its south

IRAN FM ABBAS ARAGHCHI: TALKS AND MESSAGE EXCHANGES ARE STILL UNDERWAY, AND UNTIL A DEFINITIVE OUTCOME IS REACHED, ALL CURRENT REPORTS AND CLAIMS REMAIN SPECULATIVE.

IRAN'S FOREIGN MINISTER TO STATE MEDIA: WE CAN NOT JUDGE THE TALKS UNTIL WE GET TO A CLEAR RESULT