
U.S. reaches "quiet understanding" with Qatar not to release $6 billion in Iranian oil revenues
CBSN
The U.S. has reached a "quiet understanding" with Qatar not to release any of the $6 billion in Iranian oil revenues that was unfrozen as part of the prisoner swap last month, a source with knowledge of the arrangement told CBS News.
Deputy Treasury Secretary Wally Adeyemo informed House Democrats of that understanding in a closed-door meeting Thursday morning.
As part of the high-stakes deal to release five Americans who had been wrongfully detained in Iran, the Biden administration included the transfer of the Iranian oil assets from a restricted account in South Korea to Qatar.

Trump's tariffs target Heard Island and McDonald Islands, Australian territory inhabited by penguins
With his announcement of widespread new tariffs on Wednesday, President Trump spared very few places on the globe from his effort to upend global trade — even the remote Heard Island and McDonald Islands, a sub-Antarctic Australian territory inhabited by penguins, but no people.

Researchers are predicting an above-average Atlantic hurricane season in 2025, likely producing stronger and more frequent storms than a typical year but at the same time with less intensity expected than last season. The annual prediction is closely watched in Florida and other coastal states at risk when hurricane season officially starts June 1.