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According to AXIOS reporter: U.S. House of Representatives Transportation Committee Chairman Sam Graves said when asked about Trump’s proposal to suspend the fuel tax: “I think this is only a short-term solution.”
In response to a previous CNN report, Mexico's Security Minister stated that Mexico firmly opposes any attempt to normalize, rationalize or imply the existence of lethal, covert or unilateral operations by foreign agencies on Mexican soil.
Total Energy Services: Global uncertainty and commodity price volatility continued to weigh on drilling and completion activity in North America in the first quarter. In January 2026, the company stopped its oil well service business in the United States, and most of its operating equipment was sold off in February.
According to the Wall Street Journal: Walmart (WMT.N) plans to lay off or reassign about 1,000 corporate employees, sources said. Walmart executives have reviewed the company's internal structure and decided to streamline some teams. Walmart is looking to further integrate its global technology teams with its artificial intelligence product teams.
According to South Korean media: South Korea’s Defense Minister stated that it is not yet time to take action on the attack on the HMM ship, and has already discussed it with the United States.
According to South Korean media: South Korea’s Defense Minister stated that he has informed U.S. Defense Secretary Hegseth that South Korea will study a phased plan to participate in the Strait of Hormuz mission.
U.S. Treasury Secretary Bessent: Discussed with Japanese Prime Minister Sanae Takaichi on U.S.-Japan investment plans and key minerals.
According to South Korean media News1: South Korea’s Defense Minister said that he discussed wartime command authority and nuclear submarine issues with U.S. Defense Secretary Hegseth.
Kremlin spokesman Peskov: Trump’s visit to Russia is currently not on the agenda.
S&P: The negative rating outlook reflects that continued weak fiscal performance may cause Mexico's government debt levels to rise faster than expected. The budget constraints facing Mexico are expected to result in a very slow fiscal consolidation process.
S&P: Trade relations between Mexico and the United States are expected to remain strong. Uncertainty surrounding free trade agreement renegotiations is denting investment sentiment.
S&P: Due to weakening fiscal flexibility, Mexico's rating outlook was lowered to "negative"; at the same time, its "BBB" foreign currency rating was confirmed.
According to CNN: A car bombing in Mexico earlier this year that killed a suspected drug cartel member was part of a targeted assassination operation and was assisted by U.S. Central Intelligence Agency (CIA) operations officials, multiple sources said.
NVIDIA (NVDA.O) will hold its online annual meeting on June 24.
In the week to May 8, API crude oil production in the United States was 188,000 barrels per day, compared with the previous value of 41,000 barrels per day.
U.S. API refined oil imports in the week to May 8 were -317,000 barrels per day, compared with the previous value of 265,000 barrels per day.
The United States imported 337,000 barrels of API crude oil in the week to May 8, compared with the previous value of -144,000 barrels.
U.S. API heating oil inventories for the week to May 8 were -116,000 barrels, compared with the previous value of -473,000 barrels.
U.S. API Cushing crude oil inventories for the week to May 8 were -1.755 million barrels, compared with the previous value of -1.045 million barrels.
U.S. API refined oil inventories for the week to May 8 were -319,000 barrels, compared with expectations of -2.995 million barrels, and the previous value of -4.642 million barrels.