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Uranium market watchers know that Canada’s Athabasca Basin is among the world’s richest uranium jurisdictions and hosts several of the highest-grade uranium deposits on the planet.

Spanning close to 100,000 square kilometers of the Canadian Shield of Northern Saskatchewan and Alberta, the Athabasca Basin is a major contributor to Canada’s status as the second largest uranium producer and the third largest country by uranium reserves.

Unsurprisingly, the region is home to the world’s largest uranium mine, Cigar Lake. The mine reports average grades of 14.69 percent U3O8 and accounts for 14 percent of global uranium production.

First commissioned in 2014, Cigar Lake is operated by uranium major Cameco (TSX:CCO,NYSE:CCJ), which holds a 54.547 percent stake in the mine, as part of a joint venture with Orano Canada at 40.453 percent and TEPCO Resources at 5 percent. Ore from the underground mine property is processed at Orano’s McClean Lake mill, located 70 kilometers from the mine.

Uranium was first discovered in the Athabasca Basin in 1934, and today the region remains a major hot spot for uranium exploration. In recent years, a number of Athabasca Basin uranium companies have made exciting new discoveries, sparking a staking rush by others looking to get in on the action.

Athabasca Basin uranium exploration companies

1. ATHA Energy (TSXV:SASK,OTCQB:SASKF)

ATHA Energy has an extensive uranium exploration pipeline across Canada, including in Saskatchewan’s Athabasca Basin. At 3.8 million acres, ATHA’s land package in the Athabasca Basin includes the Gemini project, a basement-hosted near-surface uranium deposit with uranium intercepts of between 6,190 and 96,600 parts per million.

The company also holds a 10 percent carried interest in exploration projects operated by NexGen Energy (TSX:NXE,NYSE:NXE) and IsoEnergy (TSX:ISO).

2. Azincourt Energy (TSXV:AAZ,OTCQB:AZURF)

Azincourt Energy has two uranium projects in Canada, one of which is its East Preston joint venture project near the southern edge of the Western Athabasca Basin. Azincourt has an 86.5 percent interest, with the remainder held by Skyharbour Resources. The 20,647 hectare property is adjacent to Skyharbour’s minority-owned Preston project.

Azincourt says it is targeting basement-hosted unconformity-related uranium deposits in two prospective conductive, low-magnetic-signature corridors. The company is planning for a fall 2025 geophysics exploration program at East Preston in preparation for a potential winter 2026 diamond drill program.

3. Baselode Energy (TSXV:FIND)

Baselode Energy’s strategy is developing assets near the Athabasca Basin with similar geology. Its ACKIO near-surface uranium discovery at its Hook project is located directly adjacent to the Athabascan Basin. First discovered by the company in September 2021, the ACKIO near-surface uranium prospect is more than 375 meters along strike, and more than 150 meters wide.

Baselode has identified at least nine separate uranium pods, or small bodies of mineralization, on the project. Drill results from its summer 2024 exploration program were released in May 2025, demonstrating the potential for further expansion of the known uranium mineralization at ACKIO.

4. CanAlaska Uranium (TSXV:CVV)

CanAlaska Uranium is a project generator with interests in a portfolio of assets in the Athabasca Basin covering 1.24 million acres. The company is advancing its West McArthur joint venture with Cameco, which is situated near the McArthur River mine in the Eastern Athabasca Basin. CanAlaska owns 85 percent of the project.

CanAlaska’s 2025 C$12.5 million drill program at West McArthur is aimed at expanding and delineating the high-grade Pike Zone uranium discovery.

Earlier this year, the company completed the first drilling in over 10 years at its wholly owned Cree East deposit in the south-eastern portion of the Basin. The drill program was fully funded by Nexus Uranium (CSE:NEXU,OTCQB:GIDMF) as part of an option earn-in agreement to earn up to 75 percent interest in the project.

5. Denison Mines (TSX:DML)

Uranium miner Denison Mines’ direct ownership interests in the Athabasca Basin region covers approximately 384,000 hectares. The company has a 22.25 percent stake in the McClean Lake mine and mill joint venture project operated by Orano Canada.

Denison’s flagship project in the region is Wheeler River, considered the largest undeveloped uranium project in the eastern region of the Athabasca Basin. Wheeler River hosts the high-grade Phoenix and Gryphon deposits.

According to a 2023 feasibility study, Phoenix hosts a proven and probable resource of 219,000 metric tons at an average grade of 11.7 percent uranium for 53.3 million pounds. The company plans to develop the deposit as an in-situ recovery operation.

The Canadian Nuclear Safety Commission is slated to conduct hearings for the project’s environmental assessment and license on October 8 and December 8 to 12, 2025. If approval is granted, the company is looking to break ground in early 2026 and commence production by the first half of 2028.

As for the Gryphon deposit, Denison has evaluated it as a conventional mine in a pre-feasibility study. The company conducted a field program in the first quarter 2025 that may be used for a future feasibility study.

6. F3 Uranium (TSXV:FUU,OTCQB:FUUFF)

F3 Uranium has three exploration properties in the western region of the Athabasca Basin: the advanced-stage Patterson Lake North project, which hosts the JR discovery, as well as the early-stage Minto and Broach projects.

In February 2025, the company launched a drill campaign at its Patterson Lake North project followed by ground geophysical exploration programs at its Broach and Minto projects. F3 Uranium raised C$7 million in flow-through shares in May 2025, which will go towards further exploration of its uranium projects.

7. Forum Energy Metals (TSXV:FMC,OTCQB:FDCFF)

Forum Energy Metals has numerous wholly owned and joint venture projects hosting new discoveries of high-grade unconformity-related uranium deposits in the Athabasca Basin. So far in 2025, the company’s focus has been on the Northwest Athabasca (NWA) project, a joint venture between Forum at 45.4 percent, NexGen Energy at 25.3 percent, Cameco at 18 percent and Orano Canada at 11.3 percent.

Early in the year, Forum announced an option agreement allowing Global Uranium (CSE:GURN,OTCQB:GURFF) to earn up to 75 percent of Forum’s stake in the property by spending C$20 million in exploration expenditures at NWA.

In April, Global Uranium completed a diamond drilling program and ground geophysical surveys on the project, which intersected elevated radioactivity and alteration systems distinct to unconformity-type uranium mineralization.

8. IsoEnergy (TSX:ISO)

IsoEnergy has a portfolio of projects and joint ventures in the Eastern Athabasca Basin, and its main focus is the Hurricane deposit at its wholly owned Larocque East uranium property.

The company discovered Hurricane in 2018 and it now stands as the world’s highest-grade indicated resource of uranium. A 2022 resource estimate reported an indicated high-grade resource of 63,800 metric tons grading 34.5 percent uranium for 48.61 million pounds of contained uranium.

IsoEnergy’s summer exploration program will include drilling to test potential resource expansion at Larocque East as well as exploration at its other Athabasca Basin projects.

9. NexGen Energy (TSX:NXE,NYSE:NXE)

NexGen is another uranium mining company with a large land package in the basin, including its development-stage Rook I project.

Rook I has a measured and indicated resource estimate of 256.7 million pounds contained uranium from ore grading an average of 3.1 percent U3O8. The 2021 feasibility study outlines an 11.5 year initial mine life with up to 29.2 million pounds of U3O8 production per year for the first five years.

The Federal Environmental Impact Statement for Rook I was accepted in January 2025, and the Canadian Nuclear Safety Commission has proposed hearing dates for the project on November 19, 2025, and February 9 to 13, 2026. NexGen plans to immediately begin construction activities following final federal approval.

10.Paladin Energy (TSX:PDN)

Paladin Energy’s Patterson Lake South (PLS) project hosts the large, high-grade and near-surface Triple R deposit, which has the potential to produce both uranium and gold. The company acquired it as part of its acquisition of Fission Uranium in 2024. Paladin also holds six early-stage uranium projects in the basin.

PLS’s mineral reserve estimate includes probable reserves of 93.7 million pounds from 3 million metric tons of ore at an average grade of 1.41 percent U3O8. The 2023 feasibility study demonstrates life of mine production of approximately 9 million pounds U3O8 per year over a 10 year mine life.

The company released positive drill results from its winter drill program on the Saloon East zone in June 2025 showing the potential to further grow the resource base of the property outside of the Triple R deposit. The project is advancing through the environmental permitting process.

11. Purepoint Uranium (TSXV:PTU)

Purepoint Uranium has an extensive uranium portfolio, including six joint ventures and five wholly owned projects all located in the Athabasca Basin.

Purepoint has a significant joint venture relationship with IsoEnergy (TSX:ISO) that includes a 50/50 joint venture agreement to explore 10 uranium projects across 98,000 hectares in the eastern portion of the Athabasca Basin. The partners launched a 2025 drill campaign in May at the Dorado project, which will include approximately 5,400 meters across 18 holes, targeting high-priority electromagnetic conductors for uranium mineralization.

Its joint ventures also include the Hook Lake uranium project in the Patterson region, in which it owns a 21 percent interest alongside Cameco and Orano Canada, which both hold 39.5 percent.

12. Skyharbour Resources (TSXV:SYH,OTCQX:SYHBF)

Skyharbour Resources is another junior mining company with an extensive portfolio of uranium exploration projects in the Athabasca Basin, comprising 36 uranium projects over 614,000 hectares. The company’s core projects include its 57.7 percent owned Russell Lake project — a joint venture with Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) — and its wholly owned Moore project.

Skyharbour’s 49,635 hectare Preston uranium project in the western portion of the Athabasca Basin is the subject of a 7,000 meter 2025 summer drill campaign being conducted by its joint venture partner, Orano Canada. Orano is the majority owner and operator at the project at 53.4 percent, while Skyharbour owns a minority interest of approximately 25.6 percent. The remainder is held by Dixie Gold.

13. Standard Uranium (TSXV:STND,OTCQB:STTDF)

Standard Uranium is an emerging project generator that holds interest in over 94,476 hectares in the Athabasca Basin, including its flagship Davidson River project in the southwest region of the basin.

In spring 2025, Standard Uranium partnered with Fleet Space Technologies Canada on three ExoSphere Multiphysics survey grids across the Warrior, Bronco and Thunderbird conductors at Davidson River. The surveys will provide important data for upgrading drill targets across the property through imaging of density anomalies in the basement rock.

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Here’s a quick recap of the crypto landscape for Monday (June 30) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin and Ethereum price update

Bitcoin (BTC) is priced at US$107,538, up 0.2 percent in the last 24 hours. The day’s range for the cryptocurrency brought a low of US$106,831 and a high of US$107,802 at the opening bell.

Bitcoin price performance, June 27, 2025.

Chart via TradingView.

Ethereum (ETH) closed at US$2,510.38, up by 3.1 percent over the past 24 hours and its highest valuation of the day. Its lowest valuation on Monday was US$2,443.56.

Altcoin price update

  • Solana (SOL) was priced at US$156.95, up by 4.1 percent over 24 hours. Its highest valuation as of Monday was US$158.34, and its lowest was US$150.53.
  • XRP was trading for US$2.29, up by 5.5 percent in 24 hours and its highest valuation on Monday. The cryptocurrency’s lowest valuation was US$2.17.
  • Sui (SUI) is trading at US$2.82, showing an increaseof 0.5 percent over the past 24 hours. Its lowest valuation was US$2.75, and its highest valuation was US$2.83.
  • Cardano (ADA) is priced at US$0.5829, up by 4.8 percent in the last 24 hours and its highest valuation of the day. Its lowest valuation on Monday was US$0.5589.

Today’s crypto news to know

REX to launch Solana staking ETF this week

The REX-Osprey Solana and Staking ETF is set to launch on Wednesday (July 2), as confirmed by issuer REX Shares on Monday. Analysts had predicted this news was imminent just days before its release.

This fund, the first US-staked cryptocurrency ETF, will enable investors to hold Solana and generate yield through staking, potentially fostering wider institutional adoption of cryptocurrency.

REX’s launch comes after thoughtful consideration by the US Securities and Exchange Commission. The commission had previously asserted that the company’s unique C-Corp business structure could be in conflict with Rule 6c-11 under the Investment Company Act of 1940, which governs how ETFs operate and are regulated. REX updated its prospectus with positive feedback, securing regulatory approval for the fund.

OSL soars after buying Canadian crypto firm Banxa

OSL Group (HKEX:0863), a Hong Kong-listed digital asset platform, saw its shares spike 10 percent after announcing it had acquired Canadian crypto payments firm Banxa. The acquisition supports OSL’s ambitious global expansion strategy, which includes applying for stablecoin licenses as new regulatory frameworks emerge.

Finance Chief Ivan Wong explained that acquiring Banxa would enhance OSL’s cross-border payments capabilities and boost its role in the growing stablecoin market.

Hong Kong’s stablecoin bill, set to take effect on August 1, is a major catalyst for this expansion, with Chinese giants already showing interest. OSL is already licensed in Australia, with deals in Japan, Europe and Indonesia soon to close. The company aims to be a key stablecoin issuer in Asia and beyond.

Metaplanet strengthens Bitcoin treasury with fresh bond issuance

Tokyo-based Metaplanet (OTCQX:MTPLF,TSE:3350) has added another 1,005 BTC to its corporate treasury, pushing its total holdings to 13,350 BTC. To further build its crypto war chest, the company announced a zero-interest bond issuance worth US$208 million, designed to finance additional Bitcoin purchases.

Metaplanet is well known for its aggressive Bitcoin strategy, which has made it one of the world’s largest corporate holders of the cryptocurrency. Just last week, the hotel and investment firm raised US$515 million through an equity issuance to support its Bitcoin ambitions.

At current market prices around, Metaplanet’s Bitcoin stash is worth well over US$1.4 billion.

The Blockchain Group expands Bitcoin holdings and capital pool

Paris-based the Blockchain Group has further strengthened its Bitcoin treasury with the purchase of 60 BTC for around 5.5 million euros, boosting its holdings to 1,788 BTC.

The firm also raised about 600,000 euros by exercising warrants, allowing it to buy an additional 6 BTC.

Blockstream CEO Adam Back invested in the firm’s share offering, subscribing to over 2.1 million new shares, while French asset manager TOBAM contributed nearly 143,000 euros, supporting the purchase of 13 more BTC.

The company conducted an “ATM-type” capital increase with TOBAM, raising 4.1 million euros to fund 41 BTC.

Altogether, the Blockchain Group has secured a BTC yield of roughly 1,270 percent so far this year, with gains amounting to about 46.7 million euros.

Backed Finance launches tokenized stock product

Backed Finance, a company focused on bridging traditional financial assets like stocks and ETFs onto blockchain through tokenization, announced the launch of its tokenized stocks product, xStocks, on Monday.

60 stocks are now accessible on Bybit, Kraken and several Solana DeFi protocols, providing users with exposure to traditional stocks through blockchain infrastructure.

‘xStocks represent a monumental leap forward in democratizing access to financial markets,’ said Adam Levi, co-founder of Backed, in a press release. ‘By bringing familiar assets onto the blockchain with unprecedented accessibility, we are not just bridging traditional finance and DeFi; we are building the foundational blocks for a truly open, efficient, and inclusive global financial system where everyone can participate in wealth creation.’

Chainlink rolls out Automated Compliance Engine

Chainlink announced an early access rollout of its Automated Compliance Engine on Monday.

Built on the Chainlink Runtime Environment and launched in collaboration with Apex Group, GLEIF and ERC-3643 Association, the system automates the process of checking and enforcing financial rules for both traditional and blockchain-based financial activities, making it easier for established financial institutions to use new blockchain technologies in a compliant and safe way.

Topnotch Crypto launches adaptive yield contracts

Topnotch Crypto has launched its new adaptive yield contracts, which the company says are aimed at helping crypto investors maintain returns despite ongoing market volatility.

The contracts use proprietary predictive yield-switching artificial intelligence to automatically rotate customer funds between cloud mining and staking, depending on which is more profitable in real time.

The company’s strategy analyzes a range of on-chain data, from network congestion to staking rates, to continuously optimize yields. Unlike many passive strategies, the adaptive yield approach gives investors exposure to multiple cryptocurrencies to spread out risk. Another highlight is Topnotch’s use of geothermal and solar energy, which helps keep costs down while supporting sustainability goals.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%.

As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise value including net debt of about $5.5 billion, the company said.

Home Depot said it expects the acquisition to be completed by early 2026.

Home Depot’s announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs. Jacobs’ building-products distributor QXO had offered about $5 billion in cash to acquire GMS and said it would press forward with a hostile takeover if the company’s management rejected the proposal.

As Home Depot chases growth, it’s gone after a steadier and more lucrative piece of the home improvement business: electricians, roofers, home renovators and other professionals who tackle large projects year-round and need a lot of supplies. Home Depot said it’s speeding along that strategy with the GMS deal.

Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest acquisition in its history. Texas-based SRS sells supplies to professionals in the landscaping, roofing and pool businesses and it has bought up many other smaller suppliers as it’s grown.

Home Depot’s focus on selling to professionals is well-timed. Sales from do-it-yourself customers have slowed as higher mortgage rates have decreased housing turnover and dampened homeowners’ demand for larger projects because of higher borrowing costs.

The company said it expects total sales to grow by 2.8% for the full fiscal year and comparable sales, which take out the impact of one-time factors like store openings and calendar differences, to rise about 1%.

This post appeared first on NBC NEWS

Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

Shares of Home Depot were roughly flat in early trading Monday. GMS shares jumped more than 11%.

As part of the deal, the Home Depot-owned subsidiary SRS Distribution will buy all outstanding shares of GMS for $110 per share, which adds up to about $4.3 billion and amounts to total enterprise value including net debt of about $5.5 billion, the company said.

Home Depot said it expects the acquisition to be completed by early 2026.

Home Depot’s announcement also concludes a potential bidding war between the big-box retailer and billionaire Brad Jacobs. Jacobs’ building-products distributor QXO had offered about $5 billion in cash to acquire GMS and said it would press forward with a hostile takeover if the company’s management rejected the proposal.

As Home Depot chases growth, it’s gone after a steadier and more lucrative piece of the home improvement business: electricians, roofers, home renovators and other professionals who tackle large projects year-round and need a lot of supplies. Home Depot said it’s speeding along that strategy with the GMS deal.

Home Depot bought SRS Distribution — the subsidiary that’s acquiring GMS — last year for $18.25 billion, in the largest acquisition in its history. Texas-based SRS sells supplies to professionals in the landscaping, roofing and pool businesses and it has bought up many other smaller suppliers as it’s grown.

Home Depot’s focus on selling to professionals is well-timed. Sales from do-it-yourself customers have slowed as higher mortgage rates have decreased housing turnover and dampened homeowners’ demand for larger projects because of higher borrowing costs.

The company said it expects total sales to grow by 2.8% for the full fiscal year and comparable sales, which take out the impact of one-time factors like store openings and calendar differences, to rise about 1%.

This post appeared first on NBC NEWS

Google on Monday announced a partnership with Commonwealth Fusion Systems, or CFS, a private company spun off from the Massachusetts Institute of Technology, which marks the tech giants first commercial commitment to fusion.

The company unveiled plans to buy 200 megawatts of clean fusion power from what CFS describes as the world’s first grid-scale fusion power plant, known as ARC, based in Chesterfield County, Virginia.

ARC is expected to come online and generate 400 megawatts of clean, zero-carbon power in the early 2030s, which is enough energy to power large industrial sites or roughly 150,000 homes, according to CFS. The agreement also gives Google the option to purchase power from additional ARC plants.

Google, which has invested in CFS since 2021, said it also increased its stake in the Devens, Massachusetts-based company.

Google and CFS did not disclose the financial terms.

“We’re excited to make this longer-term bet on a technology with transformative potential to meet the world’s energy demand, and support CFS in their effort to reach their scientific and engineering milestones needed to get there,” Michael Terrell, head of advanced energy at Google, said in a statement.

Fusion is a process that takes light atomic nuclei and heats them to over 100 million degrees Celsius. At these temperatures, the fuel becomes a plasma, which eventually causes the nuclei to fuse and release significant amounts of energy. The energy is then captured to create carbon-free electricity.

CFS is one of many firms racing to achieve commercial-scale fusion energy and Google has invested in others. Earlier this month, Google announced continued funding for TAE Technologies, a California-based fusion energy company.

This post appeared first on NBC NEWS

President Donald Trump declared last week that Iran’s underground nuclear facilities bombed by the U.S. were ‘obliterated,’ while adding the U.S. and Israeli strikes delivered ‘monumental damage to all nuclear sites in Iran.’ 

U.S. Defense Secretary Pete Hegseth echoed that message in a briefing, saying the ‘CIA can confirm that a body of credible intelligence indicates Iran’s nuclear program has been severely damaged by recent targeted strikes.’

Israeli intelligence sources told Fox News Digital that strikes on Natanz, Fordow and Esfahan caused severe and possibly irreversible damage to Iran’s known enrichment infrastructure. ‘We hit the heart of their capabilities,’ one official said. 

But despite the overwhelming success of the mission, questions remain about what survived – and what might come next. Analysts warn that while Iran’s declared facilities have been largely destroyed, covert elements of the program may still exist, and enriched uranium stockpiles could resurface.

International Atomic Energy Agency (IAEA) Director Rafael Grossi said in an interview with CBS on Saturday that although ‘it’s clear that what happened in particular in Fordow, Natanz, [and] Isfahan—where Iran used to have, and still has to some degree, capabilities in terms of treatment, conversion, and enrichment of uranium—has been destroyed to an important degree,’ the threat remains. 

Nuclear experts say that while Iran’s nuclear progress has been dealt a historic blow, the regime may still retain the technical know-how and residual capabilities to reconstitute its program over time – especially if it chooses to go dark.

A detailed assessment released Tuesday by the Institute for Science and International Security (ISIS) found that Israel’s Operation Rising Lion, followed by U.S. bunker-busting strikes, ‘effectively destroyed Iran’s centrifuge enrichment program.’ But authors David Albright and Spencer Faragasso cautioned that ‘residuals such as stocks of 60%, 20%, and 3-5% enriched uranium and centrifuges manufactured but not yet installed… pose a threat as they can be used in the future to produce weapon-grade uranium’.

Jonathan Ruhe, director of foreign policy at the Jewish Institute for National Security of America (JINSA), echoed that concern in an interview with Fox News Digital.

‘The threat now is certainly much reduced,’ Ruhe said. ‘But the threat from here on out is going to be much more difficult to detect because Iran could try to rebuild covertly. They don’t need much space or time to enrich 60% to 90%. And the IAEA has said for years that Iran likely retains some secret capability.’

Ruhe added that while Israeli intelligence was likely aware of attempts to move uranium before the strikes, ‘any planning assumption going forward must consider Iran’s residual capacity – even if it’s diminished.’

John Spencer, chair of urban warfare studies at the Modern War Institute, said critics who argue the program wasn’t completely destroyed are missing the bigger picture.

‘Can everything be rebuilt eventually? Sure. But there’s no question the program was rolled back – years, if not more,’ Spencer told Fox News Digital. ‘People fixate on how many pounds of uranium are missing. But building a bomb requires much more than material. You need the conversion, the metallurgy, the delivery system – all of which were hit.’

Dr. Or Rabinowitz, a nuclear proliferation scholar at Hebrew University and visiting associate professor at Stanford, noted that many unknowns remain.

‘There’s no verified answer yet to what happened to the 60% enriched uranium – or to the other feedstocks at 20% or 3.5%,’ Rabinowitz said. ‘If Iran has access to advanced centrifuges, they could in theory enrich back to weapons-grade – but we don’t know how many centrifuges survived or in what condition they are.’

She also explained that even if Iran retains the material, converting uranium gas into metal for a bomb requires a specialized facility. ‘From what we know, that conversion facility in Isfahan was bombed. Without it, Iran faces a significant bottleneck,’ she said. But she warned that nuclear weapons technology is not insurmountable: ‘This is 1940s science. If North Korea could do it, Iran could too – eventually.’

According to the ISIS report, ‘extensive damage’ was confirmed at nearly all major Iranian nuclear and missile facilities, including the destruction of uranium metal conversion plants, fuel fabrication centers, and the IR-40 Arak heavy water reactor. The report noted that the Israeli and U.S. strikes ‘rendered the Fordow site inoperable,’ citing high-resolution satellite imagery of deep bunker penetrations.

Rabinowitz also emphasized that the intelligence picture is still developing in real time. ‘The Israelis and the Americans are now hard at work to generate the most accurate intelligence picture they can,’ she said. ‘Without having my own sources in the Mossad, I can guarantee the Israelis are monitoring internal Iranian communications, trying to figure out what the Iranians have figured out. As they learn more, so will Israel and the U.S.’

As debate continues over whether the strikes were enough to permanently disable Iran’s nuclear ambitions, analysts agree on one point: Iran’s assumption that it could push forward without consequence is gone.

During a press conference on Friday. Trump was asked if he would bomb Iran’s nuclear program again if it was restarted. He told reporters, ‘Sure without question.’

This post appeared first on FOX NEWS

President Donald Trump’s 24th week back in the Oval Office is set to focus on Republican lawmakers sprinting to meet a July 4 deadline to pass a massive piece of legislation that will advance the president’s agenda, while the White House simultaneously juggles ongoing talks related to conflict and tensions in the Middle East.

Trump’s 23rd week in office was one of his most consequential on the books after he ordered U.S. military strikes on a trio of nuclear facilities in Iran last Saturday evening that critics said threatened to pull the U.S. into another war. Instead, the strikes appear to have wiped out Iran’s burgeoning nuclear program that had the Middle East and nations worldwide on edge. It ended in a ceasefire between Iran and Israel as Trump took a victory lap for ending the ’12 Day War.’

‘This is a War that could have gone on for years, and destroyed the entire Middle East, but it didn’t, and never will! God bless Israel, God bless Iran, God bless the Middle East, God bless the United States of America, and GOD BLESS THE WORLD!’ Trump posted to Truth Social last week.

‘One big, beautiful bill’ 

Republicans in Washington, D.C., are hyper-focused on passing the ‘one big, beautiful bill’ this week, ahead of lawmakers’ July 4 deadline to land the legislation on Trump’s desk for his signature. The budget reconciliation bill, if passed, will advance Trump’s agenda on taxes, immigration, energy, defense and the national debt. The legislation is currently before the Senate. 

Senate Republicans successfully carried the legislation over a procedural hurdle late on Saturday in a 51-49 party-line vote after hours of negotiations. All Republicans voted in support of advancing the bill except for Sens. Thom Tillis, R-N.C., and Rand Paul, R-Ky. Tillis announced on Sunday, after bucking Republican colleagues and the president, that he would not seek reelection in 2026.

Following the procedural vote, Senate Minority Leader Chuck Schumer, D-N.Y., required clerks on the Senate floor to read the entire 940-page Senate GOP’s version of Trump’s megabill as a delay tactic that stalled debate on the package by about 16 hours.

Senate lawmakers will hold 20 hours of debate that is evenly divided between Democrats and Republicans as the bill moves along ahead of the Friday deadline. Senate Democrats are expected to use all of their allotted time, while Senate Republicans will likely only use a portion of their hours.

‘Tonight we saw a GREAT VICTORY in the Senate with the ‘GREAT, BIG, BEAUTIFUL BILL,’ but, it wouldn’t have happened without the Fantastic Work of Senator Rick Scott, Senator Mike Lee, Senator Ron Johnson, and Senator Cynthia Lummis,’ Trump posted to Truth Social overnight Saturday. 

‘They, along with all of the other Republican Patriots who voted for the Bill, are people who truly love our Country! As President of the USA, I am proud of them all, and look forward to working with them to GROW OUR ECONOMY, REDUCE WASTEFUL SPENDING, SECURE OUR BORDER, FIGHT FOR OUR MILITARY/VETS, ENSURE THAT OUR MEDICAID SYSTEM HELPS THOSE WHO TRULY NEED IT, PROTECT OUR SECOND AMENDMENT, AND SO MUCH MORE.’ 

Ongoing discussions with Iran 

The White House is expected to hold ongoing talks with Iran this week after the U.S. successfully carried out military strikes on three nuclear facilities in the country last Saturday. 

‘So Iran wants to meet. As you know, their sites were obliterated. Their very evil nuclear sites,’ Trump told the media last week.

Details related to the reported discussions are vague, with Iran denying it is participating in ongoing talks, while the White House said the U.S. remains in close communication with Iranians and intermediaries.  

‘I spoke to our special envoy Witkoff at length this morning and I can assure all of you we continue to be in close communication with the Iranians and through our intermediaries as well, namely the Qataris, who have been an incredible ally and partner throughout this entire effort,’ White House press secretary Karoline Leavitt said during a briefing on Thursday. ‘And as I said, this administration is always focused on diplomacy and peace, and we want to ensure we can get to a place where Iran agrees to a non-enrichment civil nuclear program.

‘The president wants peace. He always has, and right now we’re on a diplomatic path with Iran. The president and his team, namely special envoy Witkoff, continue to be in communication with the Iranians and especially our Gulf and Arab partners in the region to come to an agreement with Iran,’ she added.

Trump announced on June 21 that the U.S. successfully carried out strikes on Iran in a Truth Social post that was not preceded by media leaks or speculation that an attack was imminent. The unexpected social media post was followed just hours later by a brief Trump address to the nation while flanked by Secretary of Defense Pete Hegseth, Secretary of State Marco Rubio and Vice President JD Vance. 

‘A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime: Fordow, Natanz and Isfahan,’ Trump said from the White House late on Saturday in an address to the nation regarding the strikes. ‘Everybody heard those names for years as they built this horribly destructive enterprise. Our objective was the destruction of Iran’s nuclear enrichment capacity, and a stop to the nuclear threat posed by the world’s No. 1 state sponsor of terror. Tonight, I can report to the world that the strikes were a spectacular military success.’

The operation included the longest B-2 spirit bomber mission since 2001, the second-longest B-2 mission ever flown and the largest B-2 operational strike in U.S. history, Hegseth said. 

Operation Midnight Hammer followed Israel launching preemptive strikes on Iran on June 12 after months of attempted and stalled nuclear negotiations and subsequent heightened concern that Iran was advancing its nuclear program.

Trump floats ceasefire in Gaza 

While celebrating the ceasefire between Israel and Iran, as well as a separate U.S.-brokered peace deal between Rwanda and the Democratic Republic of Congo on Friday, Trump predicted a potential ceasefire in Gaza as the war between Hamas and Israel continues since 2023. 

Trump called the situation in Gaza ‘terrible’ while speaking to the media from the Oval Office on Friday, but expressed optimism there could soon be a ceasefire between Israel and Hamas. 

‘I think it’s close. I just spoke with some of the people involved,’ said the president, adding, ‘We think within the next week we’re going to get a ceasefire.’ 

Trump also addressed the ongoing humanitarian crisis in Gaza, saying, ‘We’re supplying, as you know, a lot of money and a lot of food to that area because we have to. I mean, you have to. In theory, we’re not involved in it, but we’re involved because people are dying.’

‘MAKE THE DEAL IN GAZA. GET THE HOSTAGES BACK!!! DJT,’ Trump posted to Truth Social early on Sunday as he posted other messages related to the Big Beautiful Bill. 

Israeli Minister for Strategic Affairs Ron Dermer is expected to travel to Washington, D.C., this week to meet with U.S. counterparts to discuss a ceasefire deal, The Associated Press reported. 

Fox News Digital’s Alex Miller and Peter Pinedo contributed to this report.

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We are nearly halfway through the first year of the second Trump administration, and the American people are seeing something unprecedented in American politics in the 21st Century: the development and implementation of a grand strategy. 

Critics and talking heads have tried to paint President Donald Trump as brash and careless, especially when it comes to foreign relations and international affairs. Nothing could be further from the truth. Since the beginning, Trump has been clear that America’s interests are his interests, and he has designed America’s grand strategy around American priorities. 

Critics say the Trump Doctrine is causing chaos. Not so. The chaos caused by the flawed designs of previous presidents and their advisers in this century alone made it necessary for a radical course correction. In other words, what Trump has done this year has also opened up new opportunities for collaboration and commerce in regions that were overlooked in previous administrations. The Middle East is a case in point.  

For decades, the only narrative coming out of the region was conflict. Trump saw past that and identified opportunities for trade, commerce and cooperation. This has directly led to a transformation in foreign relations with many Middle Eastern and Gulf countries and new partnerships that have the potential to revolutionize America’s engagement in the area — as well as the American economy. 

That was not Trump’s only goal. On his trip to the region, he also laid the groundwork for the now-apparent isolation of Iran. No one wants the Iran problem. Even Syria — a long-term Iranian ally — is watching from the sidelines. 

The Trump administration has also simultaneously put to bed the blanket ‘isolationist’ and ‘warmonger’ caricatures, which hold no water after strategic strikes against Iranian uranium enrichment facilities. These were calculated strikes that sent two important messages. 

First, it was a reminder that America supports its allies. Israel has been fighting against constant opposition long before the second Trump administration began. The lone beacon of democracy in the Middle East, it has done an admirable job of weakening the state and non-state actors that threaten not only the existence of the state of Israel but also democratic values that undergird all free societies.  

Israel has stood boldly when other nations have cowered. And they did it without asking for help. This is something that has set Israel apart. Israeli Prime Minister Benjamin Netanyahu has always acknowledged that Israel must fight for itself and has ultimate responsibility for its own defense. 

Trump honored that position and leveraged America’s unmatched military to support Israel through bombings that neutralized targets that were important to America, Israel, and the rest of the free world. 

This reminded America’s other allies that the Trump administration is ready and willing to work in tandem when priorities are aligned. The fact that this happened ahead of the NATO meeting demonstrates just how comprehensive the new American doctrine is. It is also not a coincidence that NATO agreed to support Trump’s recommendation of 5% of GDP going toward defense spending. 

The second message that Trump has sent is that he is always open to diplomacy. In fact, it is his preference. Iran was repeatedly warned against using force. They were encouraged to find a peaceful solution and explicitly told the consequences if they continued to violate the JCPOA agreement. Only when it became clear that Iran was not interested in negotiations was military force used.  

The Trump administration has also simultaneously put to bed the blanket ‘isolationist’ and ‘warmonger’ caricatures, which hold no water after strategic strikes against Iranian uranium enrichment facilities. 

Importantly, that was not the end of the story. Quickly after the strikes were completed, Trump again began working toward peace, personally working with top officials to broker a ceasefire between Israel and Iran. Force was only ever used in an effort to bring both parties to the negotiating table. 

These are not the actions of a warmonger or an isolationist. They are the actions of a peace strategist. Someone who is unashamed to put his country first on the world’s stage but opens the hand of friendship and cooperation to those willing to join together to achieve shared goals. Sounds a bit like President Ronald Reagan, who ended the Cold War without firing a shot.  

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Iran acknowledged on Sunday that an Israeli strike on Tehran’s notorious Evin prison last week killed dozens of people.

Iran’s judiciary spokesperson Asghar Jahangir posted on the office’s official Mizan news agency website that the strike killed at least 71 people, including staff, soldiers, prisoners and members of visiting families. Officials did not provide a breakdown of casualty figures.

The Washington-based Human Rights Activists in Iran said at least 35 of those killed were staff members and two were inmates. Others killed included a person walking in the prison vicinity and a woman who went to meet a judge about her imprisoned husband’s case, the organization said.

Jahangir said some of the injured were treated on site, while others were taken to hospitals. Iran has not said how many were injured.

Iran had also confirmed on Saturday that top prosecutor Ali Ghanaatkar had been killed in the attack. Ghanaatkar’s prosecution of dissidents, including Nobel Peace Prize winner Narges Mohammadi, had led to widespread criticism by human rights groups.

Israel carried out the strike on June 23 as its Defense Ministry said it was attacking ‘regime targets and government repression bodies in the heart of Tehran.’ The facility was known to hold many of Iran’s political prisoners and dissidents.

The prison attack came near the end of 12 days of Israeli strikes, which Israel claimed killed around 30 Iranian commanders and 11 nuclear scientists, while hitting eight nuclear-related facilities and more than 720 military infrastructure sites.

The status of Iran’s nuclear program remains unclear, even after President Donald Trump said American strikes on June 22 ‘obliterated’ Iran’s nuclear capabilities.

Rafael Grossi, the head of the International Atomic Energy Agency (IAEA), told CBS’ ‘Face the Nation’ in an interview Sunday that Iran’s capacities remain, but it is impossible to assess the full damage to the nuclear program unless inspectors are allowed in, which Iranian officials have not authorized.

‘It is clear that there has been severe damage, but it’s not total damage, first of all. And secondly, Iran has the capacities there, industrial and technological capacities. So if they so wish, they will be able to start doing this again,’ Grossi said.

Grossi said Iran could have centrifuges spinning enriched uranium ‘in a matter of months.’

‘Frankly speaking, one cannot claim that everything has disappeared and there is nothing there,’ he said.

The Associated Press contributed to this report.

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The Supreme Court on Monday agreed to take up a Republican-led challenge to U.S. campaign finance restrictions that limit the amount of money that political parties can spend on behalf of certain candidates. 

The case, National Republican Senatorial Committee v. Federal Election Commission, was originally appealed to the court by the National Republican Senatorial Committee (NRSC), the National Republican Congressional Committee (NRCC), and on behalf of two Senate Republican candidates running for election at the time — among them, now-Vice President JD Vance.

It centers on whether federal limits on campaign spending by political parties run afoul of free speech protections under the First Amendment of the Constitution.

In asking the Supreme Court to review the case, petitioners said the spending limits ‘severely restrict political party committees from doing what the First Amendment entitles them to do: fully associate with and advocate for their own candidates for federal office.’

A decision from the Supreme Court’s 6-3 conservative majority could have major implications on campaign spending in the U.S., further eroding the Federal Election Campaign Act of 1971, a law Congress passed more than 50 years ago with the aim of restricting the amount of money that can be spent on behalf of candidates.

The case comes as federal election spending has reached record highs: Presidential candidates in 2024 raised at least $2 billion and spent roughly $1.8 billion in 2024, according to FEC figures.

The challenge will almost certainly be among the most high-profile cases to be heard by the Supreme Court in the upcoming term.

The Trump-led Justice Department also said it will side with the NRSC in arguing the case, putting the administration in the somewhat unusual move of arguing against laws passed by Congress. The Democratic National Committee, Democratic Senatorial Campaign Committee, and Democratic Congressional Campaign Committee, meanwhile, have asked to defend the decision of a lower appeals court that ruled in 2024 to keep the limits in place.

The Justice Department cited free speech protections as its basis for siding with the NRSC, saying their decision to do so represents ‘the rare case that warrants an exception to that general approach’ of backing federal laws.’

Oral arguments will be held in the fall.

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