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BlockBeats News, June 1st. According to Iran's semi-official news agency Tasnim, Iran has decided to suspend all indirect talks and text exchanges with the United States through intermediaries, citing Israel's recent escalation of military actions in Lebanon and the Gaza Strip. The report stated that Iran has demanded Israel to immediately cease its military actions in Gaza and Lebanon and to fully withdraw from its occupied territories in Lebanon before negotiations can resume. Iran has stated that it will not restart the negotiations until the relevant conditions are met. In addition, Iran and the "Resistance Front" have reportedly decided to completely block the Strait of Hormuz and have warned of the possibility of initiating other fronts, including the Strait of Mandeb, in response. Following the news, international oil prices surged rapidly during the trading day, with both WTI and Brent crude oil prices rising by over 4% at one point; the US dollar index rose to a daily high, while US Treasury prices fell. Iranian Foreign Ministry spokesman Baghaei stated that the slow progress in US-Iran negotiations is due to a lack of mutual trust, the US side's changing positions, and Israel's ongoing military actions in the region. He emphasized that to promote a comprehensive de-escalation of regional conflicts, the ceasefire arrangements in Lebanon must be implemented simultaneously. According to reports, Houthi forces in Yemen are waiting for a call to action from Hezbollah in Lebanon. If Israel further escalates its military actions in Lebanon, the Houthi forces are prepared to resume airstrikes and maritime strikes against Israel.

BlockBeats News, June 1st, according to Bitget market data, the major U.S. stock indexes opened lower today due to the latest news on the Middle East situation. The Dow Jones fell by 0.3%, the S&P 500 Index dropped by 0.2%, and the Nasdaq Composite declined by 0.19%. Nvidia (NVDA.O) rose by 2.7%, Microsoft (MSFT.O) rose by 3%, and the two companies jointly released the Arm architecture RTX Spark PC chip. Nvidia has officially entered the personal computer CPU market. Arm (ARM.O) surged by 8.8%, while Intel (INTC.O) fell by 6.6%. Stocks related to memory storage collectively rose, with Micron Technology (MU.O) surging by over 5% and its stock price breaking through $1000. SanDisk (SNDK.O) rose by 3.4%. MSTR plummeted by 9% at the opening. The company sold 32 bitcoins last week from its Treasury, with an average selling price of around $77,135 per bitcoin.

According to market pricing, expectations of a 25 basis point rate hike by the European Central Bank in June have been fully priced in, marking the first time since May 4.