Statistics Canada preliminary estimate: May retail sales up 1.0% MoM.

Trump denied the Iran war exposed limits on his authority, saying “there are no limits.” He said he reached the agreement to prevent the conflict from turning into a global economic downturn and denied any humiliation. He added “we thoroughly defeated them militarily” and called the memorandum of understanding “very likely an unconditional surrender.” He said he imposed a naval blockade that allowed no ship through, saying some tried but “didn’t last long,” and implied failure to secure an agreement would have had severe consequences.

Israel's far-right interior minister Gvir rebuked U.S. Vice President Vance's criticism of Israel's response to the U.S.-Iran deal, saying "Anyone who supports us will benefit; anyone who abandons us will suffer, so don't threaten us." Vance had publicly said Israel had "overreacted" to the deal and singled out several critics, including Gvir.