The day was dominated by the US-Iran conflict's sudden de-escalation. Overnight, Iran closed the Strait of Hormuz and struck US assets in Jordan, while the US hit targets across Iran. By afternoon, Trump announced a $350 billion military boost and threatened 'very powerful strikes.' However, by evening, he abruptly canceled the planned bombardment, citing progress in talks, and declared the war over—though Tehran denied any agreement. State-aligned outlets framed the US as aggressive but ultimately backing down, while independent sources highlighted the confusion.
Meanwhile, Ukrainian strikes damaged bridges to Crimea and hit a Volga refinery, with Russia reporting over 300 drones intercepted. Domestically, Central Bank Governor Nabiullina's week-long public absence fueled resignation rumors, and a record nationalization of Rusagro assets worth 550 billion rubles was reported.