Swedish Services PMI (May) 53.9 (Prev. 52.5)

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OECD projects global growth will slow to 2.8% in 2026, down from 3.4% in 2025; sees a recovery to 2.7% in 2027 assuming a short-lived conflict in the Middle East

Ukrainian President Zelensky says targets struck included a St. Petersburg oil terminal, with the Russian oil facility roughly 1,100 km from the Ukrainian border

Swedish Services PMI (May) 53.9 (Prev. 52.5)

"Israeli army warns the villages of Arzi, Mazra'at Kawkariyeh al-Riz, and al-Zrarieh in the Sidon District, southern Lebanon", Sky News Arabia reports

Iran's Deputy Speaker of the Islamic Consultative Assembly says "The Ministry of Foreign Affairs had obtained permission from the Supreme Leader to form a working group on the Strait of Hormuz", Tasnim reports

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