AFBytes Quarter Rundown — Tuesday, June 2, 7:00 AM ET

Welcome to today's headlines, where we break down the top stories from the last 24 hours. From politics to technology, we've got you covered. According to Axios, President Trump reportedly criticized Benjamin Netanyahu this week and may have intervened to halt a planned Israeli strike on Beirut. This development highlights U.S. influence over Israeli military decisions, which affects regional stability and the risk of wider conflict that could draw in American forces or alter energy markets. Iran has closed the Strait of Hormuz to foreign shipping, converting an initial wartime measure into a sustained restriction. This move threatens roughly one-fifth of global oil transit and raises global energy prices that flow directly into U.S. gasoline, heating, and transportation costs for households and businesses. The administration is advancing drilling expansion and noting rising exports from Venezuela as part of a broader shift toward hemispheric oil supply. This development may reduce reliance on distant oil sources, stabilizing domestic energy prices that feed into transportation and heating costs for American households. The president linked most Iranian nuclear workers to a common Muslim name in comments that drew accusations of bias. Critics argue the remark mocks generations of scientists and highlights U.S. policy toward Iran, which affects energy prices, regional stability, and potential military commitments involving American forces. The White House economic team presented higher consumer prices as evidence of economic strength, prompting debate over inflation effects. Rising prices for everyday items directly reduce purchasing power and strain household budgets for food, fuel, and other necessities. That's the day from where we sit — thanks for spending part of it with us. Stay with us at AFBytes for what's next.