Rubio: US Has Not Offered Iran Sanctions Relief to Reopen Strait

US Secretary of State Marco Rubio testifies before the Senate Foreign Relations Committee hearing on the FY27 Department of State Budget Request on Capitol Hill in Washington, DC, USA, 02 June 2026. (EPA)
US Secretary of State Marco Rubio testifies before the Senate Foreign Relations Committee hearing on the FY27 Department of State Budget Request on Capitol Hill in Washington, DC, USA, 02 June 2026. (EPA)
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Rubio: US Has Not Offered Iran Sanctions Relief to Reopen Strait

US Secretary of State Marco Rubio testifies before the Senate Foreign Relations Committee hearing on the FY27 Department of State Budget Request on Capitol Hill in Washington, DC, USA, 02 June 2026. (EPA)
US Secretary of State Marco Rubio testifies before the Senate Foreign Relations Committee hearing on the FY27 Department of State Budget Request on Capitol Hill in Washington, DC, USA, 02 June 2026. (EPA)

US Secretary of State Marco Rubio said on Tuesday that President Donald Trump's negotiating team has not offered Iran sanctions relief in exchange for reopening the Strait of Hormuz and insisted that any sanctions relief was tied to Tehran giving up its nuclear program. 

"Right now, everything that's been discussed with them (Iran) is that … any sanctions relief is condition-based, which means it has to be in return for the reason why those sanctions were put in place in the first place, which is their nuclear program," Rubio told a Senate hearing. 

Testifying in Congress publicly for the first time since the Iran war began, Rubio said there will be sanctions relief for Iran if they agree to give up their nuclear activities. 

"Iran is being sanctioned because they've highly enriched uranium. Iran is being sanctioned because of their nuclear activities. If they agree to give up those things, there will be sanctions relief associated with their commitment and compliance with those agreements," he said.  

Rubio testified to ‌the Senate Foreign Relations ‌Committee on Tuesday morning as the Trump administration seeks congressional approval for its proposed 30% cut to ‌the ⁠foreign affairs budget and ⁠a 50% increase in military spending. 

He was to appear at three other hearings later on Tuesday and on Wednesday, as his fellow Republicans have been showing signs of concern about the Iran war. 

Rubio, who also serves as Trump's national security adviser, was a senator from Florida until January 2025, and lawmakers said they hoped their former colleague would spell out a strategy for ending the Iran conflict, which started with strikes by the US and Israel on February 28. 

SENATOR: CONSTITUENTS DIDN'T ASK FOR REGIME CHANGE  

Rubio has joined other top administration officials in speaking to members of Congress about the Iran war behind closed doors, but has not testified publicly on the conflict. 

Senator Jeanne Shaheen, the top Democrat on the foreign relations panel, blasted Rubio for failing ⁠to provide information to Congress about the administration's plans. 

"When I talk to my constituents, they asked ‌for economic relief at home, not regime change in Havana or Caracas or Tehran," she said. 

"Instead, ‌you sent Congress a war powers notification saying we are not in active hostilities with Iran, while the US was conducting strikes against Iran, and Iran ‌was bombing US embassies and bases throughout the Middle East. That was not consultation, it was an attempt to avoid answering to this committee ‌and this Congress about this war." 

Americans have voiced mounting frustration over rising prices, and Trump's fellow Republicans hope he can get the Strait of Hormuz reopened and lower US gasoline prices before November elections that will decide whether the party retains its slim majorities in Congress. 

Trump must also contend with Iran hawks in his party who oppose any concessions to Tehran. 

WILL THERE BE A DEAL TO END WAR? 

Trump and his supporters insist the war will have been worthwhile if ‌it keeps Iran from obtaining a nuclear weapon. Trump also insists that gasoline prices will come down and has insisted for weeks that he will reach a good deal to end the conflict.  

Iran wants ⁠an interim agreement with sanctions ⁠relief that would allow it access to billions of dollars in oil revenue, but Washington has continued to add sanctions against Iranian actors while talks have taken place. 

Rubio did not specify when there might be such a deal. He said Iran had intended to build up its conventional weapons capabilities as a "shield" for its nuclear program.  

"What they tried to do is they were going to try to build a conventional shield and hide behind that conventional shield," he said, spelling out why Trump felt it was imperative to launch the war. 

Lawmakers, including some of Trump's fellow Republicans, have been increasingly questioning the fighting, as the Iran conflict enters its fourth month. 

Last month, the Senate voted to advance a war powers resolution that would end the Iran conflict unless Trump obtains Congress' authorization. Days later, House leaders abruptly postponed a vote on a similar resolution when it looked likely to pass.  

Senators also asked about US forces firing on boats off Venezuela since September, in a campaign the administration says is intended to stop "narco-traffickers" that has killed more than 200 people. 

Some criticized the administration for sharp cuts to US foreign aid, citing reports saying hundreds of thousands of children have died since the US abruptly ended foreign aid programs last year, and the severity of an Ebola outbreak in Africa. 

Rubio said the US would re-engage with the global vaccine alliance Gavi. He said the decision had been made a few weeks ago to re-engage, after the Trump administration pulled funding from Gavi last year.  



Iran's Fars News Agency Publishes Video Titled 'Where Do We Kill Trump?'

A woman holds a sign depicting US President Donald Trump as mourners gather on the day of the burial of Iran's late Supreme Leader Ali Khamenei, who was killed on February 28 in Israeli and US airstrikes, in Mashhad, Iran, July 9, 2026. REUTERS
A woman holds a sign depicting US President Donald Trump as mourners gather on the day of the burial of Iran's late Supreme Leader Ali Khamenei, who was killed on February 28 in Israeli and US airstrikes, in Mashhad, Iran, July 9, 2026. REUTERS
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Iran's Fars News Agency Publishes Video Titled 'Where Do We Kill Trump?'

A woman holds a sign depicting US President Donald Trump as mourners gather on the day of the burial of Iran's late Supreme Leader Ali Khamenei, who was killed on February 28 in Israeli and US airstrikes, in Mashhad, Iran, July 9, 2026. REUTERS
A woman holds a sign depicting US President Donald Trump as mourners gather on the day of the burial of Iran's late Supreme Leader Ali Khamenei, who was killed on February 28 in Israeli and US airstrikes, in Mashhad, Iran, July 9, 2026. REUTERS

Fars News Agency, which is affiliated with Iran's Revolutionary Guard Corps (IRGC), has published an English-language video on social media titled "Where Do We Kill Trump?"

The video was posted on several platforms, including the agency's Telegram channel. A version that had been uploaded to X, the social media platform owned by Elon Musk, has since been removed, according to the German Press Agency (dpa).

The video purports to show the route taken by US President Donald Trump's motorcade to his Mar-a-Lago residence in Florida, identifying a bridge as a potential security vulnerability.

However, the route shown does not directly correspond to publicly available maps of the area.

Trump's travel route in Florida was also changed in January 2026 after a suspicious object was discovered at one of the airports.

The video comes amid calls by Iran's leadership to avenge the killing of Iranian Supreme Leader Ali Khamenei. Khamenei was killed in an Israeli airstrike on his official residence on Feb. 28.

Speaking at the NATO summit in Ankara last week, Trump said Iran was targeting him, adding, "I am No. 1 on Iran's assassination list."

In response to those threats, Trump wrote on his Truth Social platform last Saturday: "One thousand missiles have been armed, prepared and aimed at the Islamic Republic of Iran, and thousands more will follow immediately."


Danish Police Officer and 2 Others Shot, Including Suspected Perpetrator

A police officer in Denmark (Danish Ministry of Interior via Facebook)
A police officer in Denmark (Danish Ministry of Interior via Facebook)
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Danish Police Officer and 2 Others Shot, Including Suspected Perpetrator

A police officer in Denmark (Danish Ministry of Interior via Facebook)
A police officer in Denmark (Danish Ministry of Interior via Facebook)

A Danish police officer and two other people were shot Friday, including the suspected perpetrator, authorities said.

The shooting occurred in Nørresundby, in the North Jutland region in northern Denmark. The injuries were serious, Søren Pejtersen, a spokesperson for the North Jutland police, said in a statement posted to Facebook.

Police received a report of a fire in an industrial area of Nørresundby at 1:39 p.m. (1139 GMT) and rushed to the scene, Danish broadcaster DR reported, The AP news reported.

The officers were met with gunshots, the statement said, and they returned fire. It wasn't immediately clear whether the police officer was shot by the suspect or injured in friendly fire. It also wasn’t immediately clear who the third injured person was, or who shot them.

Police said that the shooting was over by 3 p.m. (1300 GMT), but the investigation would continue, DR reported.

A column of black smoke was visible in photos and video from the scene. Further details weren’t immediately available.


EU Plans Measures to Help EU Banks Build Scale and Compete with US Rivals

European Union flags flutter outside the European Commission headquarters in Brussels, Belgium Februrary 26, 2026. REUTERS/Yves Herman/File Photo
European Union flags flutter outside the European Commission headquarters in Brussels, Belgium Februrary 26, 2026. REUTERS/Yves Herman/File Photo
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EU Plans Measures to Help EU Banks Build Scale and Compete with US Rivals

European Union flags flutter outside the European Commission headquarters in Brussels, Belgium Februrary 26, 2026. REUTERS/Yves Herman/File Photo
European Union flags flutter outside the European Commission headquarters in Brussels, Belgium Februrary 26, 2026. REUTERS/Yves Herman/File Photo

The European Commission aims to limit political interference in European Union banking mergers and remove obstacles to cross-border banking within the bloc to allow EU banks to compete more effectively against larger US rivals.

An EU executive report released on Friday says internal barriers are preventing EU banks from expanding, leaving them at a disadvantage to US lenders that have benefited from economies of scale in a more integrated US market. EU mergers remain largely within national borders.

"This leads to an outcome where many banking groups in the EU are large relative to the size of their home economy, but not relative to the size of the EU or the banking union economy or international competitors," the report said.

Unjustified national interventions in cross-border bank mergers were preventing banks from acquiring scale at the EU level to reach a critical size, it said. The criticism comes after Germany rejected in June an offer from Italy's UniCredit to take over Commerzbank. UniCredit began its pursuit of Commerzbank back in September 2024, but has faced strong opposition - highlighting how hard it is to pull off cross-border banking deals in Europe.

While Germany officially cited the price offered by the Italian bank as the reason for its rejection, the government has also made clear that Commerzbank is a key lender to German companies and should remain under German ownership.

"It is a mistake from our point of view. If it's okay by the supervisor and the competition authority, cross-border mergers are good things," a senior EU official said, adding that US banks were outcompeting European peers across many business lines in Europe.

"The main driver of competitiveness is not the rulebook ... it's the absence of scale," the official said.

The EU executive, the report said, will propose a range of measures in the first quarter of 2027.

These include plans to crack down on EU members that breach EU rules limiting the circumstances under which they can intervene in proposed mergers.

Other proposals would allow cross-border banking groups to meet capital and liquidity requirements more at the parent level, rather than the current system with additional requirements for subsidiaries. Removing such constraints could release €230 billion ($263.1 billion) of liquid assets, the report said.

It will also replace its proposal from a decade ago to create a European deposit insurance scheme with a new plan to simply deposit insurance measures in the bloc.

The banking industry gave the report a mixed reception. French banking lobby FBF described the report as containing "several positive orientations" but said concrete measures on key issues were required, including better regulatory coordination and limits on country-specific rules. Christian Sewing, Deutsche Bank CEO and president of the Association of German Banks, urged swift action, calling for adjustments to the lower limit on capital requirements known as the output floor, relief for trade finance and improvements on software investments, as well as urging a review of financial stability buffers.