Monica Ricks

To some varying degrees, the Gulf countries, there are six of them, they will respond differently, right?

And bear in mind that these are incredibly rich countries with so much buffers in their reserves.

And so there's a question of do they really need it?

That's Bloomberg's Abeer Abu Omar on Bloomberg this weekend.

She says the $24 billion in frozen assets has been a major concession for Iran in its peace talks with the U.S.

Major OPEC Plus members have agreed to another modest increase to their oil output quotas for July, but it's mostly symbolic today since exports have been largely blocked from getting through the Strait of Hormuz.

Members raised collective targets by 188,000 barrels a day next month.

Aviation leaders are meeting in Brazil this weekend and signaling clear skies when it comes to travel demand this summer despite a jet fuel supply crunch and higher fares.

United Airlines CEO Scott Kirby.

Meantime, Delta and JetBlue say their customers are eager to splurge on premium travel.

Here's Bloomberg's Ed Kalecki.

Iran's soccer team has arrived in Mexico for training ahead of the World Cup.

Their training base was originally in Arizona, but got moved to Mexico over visa issues stemming from the war.

All of their games are scheduled to be in the US starting next week.

Security will be tight for Game 3 of the NBA Finals as the New York Knicks look to extend their series lead over the San Antonio Spurs.

President Trump will be attending and Secret Service will be implementing TSA-style screening procedures.

Day two of a festival in Toledo, Ohio has now been canceled after a mass shooting there injured at least a dozen people.

Toledo Councilman John Hobbs.

Two of the 12 people shot are in critical condition.

Police say they're also following up on leads, but no arrests have been made.