US Acting Attorney General Blanche says the Trump administration is not moving forward with the weaponization fund
US CENTCOM says forces disabled a Botswana-flagged unladen oil tanker that was attempting to sail toward an Iranian port on the Arabian Gulf on June 2nd
White House economic advisor Hassett comments that gasoline prices are expected to decrease as the US receives additional oil supplies from the Gulf
US Acting Attorney General Blanche says the Trump administration is not moving forward with the weaponization fund
US Private Inventory Data (bbls): Crude -6.8mln (exp. -3.6mln), Distillates -0.2mln (exp. -0.6mln), Gasoline +3.5mln (exp. -0.1mln), Cushing -0.3mln
Newsquawk US Market Wrap - 2nd June 2026: Crude gains on reports US/Iran talks are halted despite Trump's denial
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