Alex Ossola

Stocks are back in record territory after President Trump said he was considering a possible peace agreement with Iran.

In a Truth Social post today, Trump said he'd be making a, quote, final determination about a deal.

The Dow led the gains in the three major indexes and closed up 0.7 percent.

And oil prices slid, with the international gauge Brent Crude dropping 1.7 percent to just over $92.

Futures dropped 19 percent in May, their worst month since March 2020.

Coming up, a Russian drone crashes into an apartment building in Romania.

And we tell you what a ranch-bassador is.

Those stories and more after the break.

In international news, a Russian drone crashed into an apartment building in southeastern Romania today, injuring several people.

The drone incursion raised alarms among NATO allies, who worry that Russia is trying to escalate military conflict beyond Ukraine.

It's not clear if the drone was intentionally sent across the border.

Russian President Vladimir Putin questioned whether the drone was Russian.

He added that Russia didn't want conflict with the West, but that Moscow would counter direct military threats.

In the Middle East, the Journal has learned that the United Arab Emirates has been more deeply involved in attacking Iran than was previously known.

In coordination with the U.S.

and Israel, the UAE carried out dozens of airstrikes against Iran, beginning in the early days of the war and continuing through the day after the April ceasefire was announced.

The scale of the UAE's response has deepened divisions within the Gulf, with Saudi Arabia saying the UAE's attacks raised the risk of more strikes on energy infrastructure from Iran.

The movie business ain't what it used to be.

Studios are producing less overall for streaming services, and big-budget movies are being made overseas to save money.

There's just one state in the U.S.