Marketers plan to once again flock to the Cannes Lions International Festival of Creativity despite soaring costs and global turbulence. Source: digiday.com

Asian stocks fall as blockade threat injects fresh turmoil into financial markets. Source: aljazeera.com

The failure of US-Iran peace talks leaves President Donald Trump with a set of unattractive options that are unlikely to hand him a decisive or swift victory. Source: cnn.com

War has ravaged the Middle East for 43 days, but the damage could take years to repair amid tension at the Strait of Hormuz and damaged oil hubs. Source: businessinsider.com

Stocks and bonds in China are moving in lockstep for the first time in two years, a reflection of how Chinese assets benefited as safer bets during the US-Iran war. Source: bloomberg.com

“CENTCOM forces will not impede freedom of navigation for vessels transiting the Strait of Hormuz to and from non-Iranian ports.” Source: fortune.com