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Iranian Parliament Speaker Ghalibaf: The world is standing at the beginning of a new order. The future belongs to the Global South.

Iran will reopen its stock market on Tuesday, May 17, according to a report by the Islamic Republic News Agency (IRNA) on Saturday, citing a senior official. The report stated that trading had been suspended due to conflicts with the United States and Israel. Hamid Yari, deputy supervisor of the Iranian Securities and Exchange Organization, said, "The suspension of stock market activities since the outbreak of the war was aimed at protecting shareholder assets, preventing panic trading, and creating a more transparent pricing environment." He added, "Now, with the reopening of the stock market, we will see all sectors of the capital market fully resume operation."

On May 17th, according to the Financial Times, two Federal Reserve officials nominated by US President Trump opposed allowing Jerome Powell to serve as interim chairman of the Fed "without time limit." This highlights the escalating political divisions within the central bank amid continued attacks from the White House. Powell's second term as Fed chairman ended on Friday. He was appointed interim chairman to assume the duties until his official successor, Warsh, takes office. Milan and Bowman, nominated by Trump to the Fed's board of governors, stated in a joint statement that they supported Powell's temporary appointment as interim chairman, but "could not support this action" because the arrangement was "without time limit." Milan voted against it, while Bowman abstained. Milan and Bowman stated that Powell's interim chairmanship "should be limited to a clearly defined and finite timeframe, at least one week," but they "can support a maximum period of one month."

On May 17, the Africa Centres for Disease Control and Prevention (Africa CDC) convened an emergency regional coordination meeting on May 16, local time, to discuss and deploy a new round of Ebola prevention and control efforts with relevant personnel from the Democratic Republic of Congo, Uganda, South Sudan, the World Health Organization, and the African Medical Association. The meeting focused on current priorities, including cross-border surveillance and early warning management, infection prevention and control, case management, close contact management, logistical support, and resource mobilization.

On May 17, US President Trump warned Iran that it would face a "very bad situation" if a peace agreement was not reached soon. In a telephone interview with French broadcaster BFMTV, Trump said, "They are interested in reaching an agreement." Iranian Foreign Minister Araqchi said on Friday that the Iranian government had received a message from the Trump administration indicating its willingness to engage in new negotiations, but he also warned that "distrust" of Washington's true intentions remained.

The Israeli military says it attacked 100 targets in southern Lebanon in two days.

Pemex, Mexico's state-owned oil company, stated that the incident posed no risk to people, facilities, or communities.

Pemex, Mexico's state-owned oil company, reported that the Olmeca refinery operated normally during maintenance.

On May 17th, CNN reported that multiple sources familiar with the matter revealed that U.S. officials suspect Iranian hackers may be behind a series of intrusions into fuel storage monitoring systems at gas stations in multiple states. Sources stated that the hackers exploited security vulnerabilities in the Automated Tank Measurement (ATG) systems, which are directly connected to the internet and lack password protection. This allowed hackers to gain access and, in some cases, even tamper with the data displayed on the tanks, without altering the actual fuel levels inside. There is currently no indication that these cyber intrusions caused any physical damage or personal injury. However, private security experts and U.S. officials have stated that these incidents have raised security concerns because, theoretically, gaining access to the ATG system could prevent fuel leaks from being detected in a timely manner.

According to local media reports, a fire broke out at the Olmeca oil refinery in Mexico early Saturday morning.

Ukrainian President Volodymyr Zelenskyy said that a Russian drone attacked a UN vehicle in the southern Ukrainian city of Kherson on Thursday, accusing Moscow of a deliberate attack.

On May 17th, the Trump administration allowed a sanctions waiver that encouraged the sale of Russian crude oil to expire, despite concerns about tightening global oil supplies and rising fuel costs stemming from the Iran war. This expiration effectively ended the Trump administration's brief easing of sanctions on Russian oil. During this period, previously prohibited oil purchases were permitted. The Trump administration first issued waivers in March of this year, and then renewed them after the initial waivers expired in April. However, both waivers only applied to a portion of Russian crude oil already loaded onto tankers. These waivers have been highly controversial, particularly among the US's European allies. Europe argues that sanctions are a crucial means of cutting off Russian oil revenues and weakening Moscow's ability to finance the Russia-Ukraine conflict. However, some countries, including India and Indonesia, have been lobbying the Trump administration to extend the sanctions waivers.

Israel Defense Forces: Initial reports indicate that alarms have been raised regarding enemy aircraft infiltration in the Shlomi and Hanita areas. Further details are under investigation.

Rocket sirens sounded in Hanita, northern Israel.

The Indian Ministry of External Affairs stated that the agreement between ASML (ASML.O) and Tata Electronics was signed in the presence of the leaders of India and the Netherlands.

On May 17, ASML and Tata Electronics reached a cooperation agreement aimed at accelerating India's goal of developing its domestic chip manufacturing capabilities. According to a joint statement released by ASML and Tata Electronics on Saturday, the Dutch company's technology will help Tata Electronics build a 300mm (12-inch) semiconductor foundry in Gujarat. The signing of the memorandum of understanding coincided with Indian Prime Minister Modi's visit to the Netherlands, a trip aimed at deepening bilateral relations.

According to the White House press corps, U.S. President Trump was at Sterling National Golf Club in Sterling, Virginia, today.

According to the Islamic Republic of Iran Broadcasting (IRIB), Saudi oil production has fallen to its lowest level since 1990 due to disruptions in the Strait of Hormuz.

May 17th - According to The Information, sources familiar with the matter revealed that BlackRock has discussed investing $5 billion to $10 billion in SpaceX's IPO next month. This massive investment, targeting an IPO that could raise up to $75 billion, would represent a vote of confidence from the world's largest asset management firm in Musk's company. This investment also reflects market participation in what will be the largest IPO in history, despite SpaceX's pursuit of an extremely high valuation and plans to leave investors with virtually no power to challenge management decisions.

According to The Information, BlackRock's subscription orders for SpaceX's latest offering could amount to as much as $75 billion.