Hormuz U-turn, ICE vehicle stops and Ukraine government shakeup

U.S. President Donald Trump scraps his Strait of Hormuz toll threat, saying he’s opting for Gulf trade deals instead. ICE suspends most traffic stops after two fatal shootings in less than a week. Ukraine faces another wartime government reshuffle. Two U.S. Supreme Court justices make a rare appearance on the Hill to warn of threats against the court. And Spain dominates over France to reach the World Cup final. Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices