Reuters spent the first week of July 2026 tracking the long tail of the U.S.-Israeli war on Iran, from a week of state funerals for slain Supreme Leader Ali Khamenei to a cautious reopening of Iranian oil markets and a profit windfall for American energy majors. The newswire also chronicled fraying transatlantic politics ahead of a NATO summit in Ankara and fresh friction between Europe and Beijing over Chinese support for Russia. Below is a digest of the outlet’s most substantive world, business and markets coverage.
NATO leaders, including Trump, set to reaffirm ‘ironclad commitment’ ahead of Ankara summit
Reuters reports that a summit declaration approved by NATO ambassadors commits alliance leaders, President Donald Trump among them, to reaffirm an “ironclad commitment” to collective defence under Article 5 when they gather in Ankara. The draft language is notable given Trump’s past skepticism about coming to allies’ aid.
Outlets including Euronews and The Globe and Mail confirmed the July 3 draft, adding that members are also expected to pledge roughly 70 billion euros in military aid to Ukraine for 2026 at the July 7-8 summit.
Iran explores oil sales to Japan as buyers press for a longer sanctions waiver
Reuters reports, in an exclusive, that Iran has opened talks to sell crude to Japanese refiners for the first time since 2019, but prospective buyers want Washington to extend its sanctions waiver before committing. The overture follows a U.S. authorization of Iranian oil sales tied to a push for a final peace deal with Tehran.
Coverage from gCaptain and the Times of Israel corroborated that three Japanese buyers are weighing purchases, citing insurance and the waiver’s August 21 cutoff as the main obstacles.
Khamenei lies in state in Tehran as Iran opens a week of mass funerals
Reuters reports that the body of Ayatollah Ali Khamenei lay in state in Tehran as clerics, officials and foreign dignitaries paid respects, launching a seven-day sequence of processions running through Qom, Najaf, Kerbala and Mashhad. Khamenei, who held power for 37 years, was killed in the opening U.S.-Israeli strikes of the war on Iran.
Al Jazeera and RTE confirmed the state ceremonies, noting delegations from more than 100 countries and that family members killed alongside Khamenei were displayed in adjacent coffins.
U.S. oil companies brace for a profit windfall — and a clash with Trump over pump prices
Reuters reports that Exxon Mobil, Chevron and their peers are set to post their strongest quarterly earnings since 2022, driven by fuel margins that widened after the Iran war tightened supply. The bonanza risks a rift with Trump, who has been pressing Big Oil to lower gasoline prices ahead of the November midterms.
NBC News and BOE Report echoed the dynamic, noting Trump has publicly accused oil companies of price “gouging” and floated a Justice Department probe.
Tesla rolls out its robotaxi service in Miami
Reuters reports that Tesla launched its autonomous ride-hailing service in Miami, its first market outside Texas and California, running Model Y vehicles in a geofenced zone. The move deepens Tesla’s competition with Alphabet’s Waymo in the U.S. robotaxi race.
Electrek and TeslaNorth confirmed the July 3 launch, adding the service area spans roughly 10-14 square miles of western Miami-Dade and excludes downtown and Miami Beach at launch.
Germany summons China’s envoy over report of Chinese training for Russian soldiers
Reuters reports that Berlin held urgent talks with China’s ambassador after the newswire’s reporting that Beijing covertly trained roughly 200 Russian soldiers at PLA facilities, some later deployed to Ukraine. Germany said anything enabling Russia’s war also threatens its own security.
Kyiv Post and other outlets confirmed the July 3 summons, while Reuters’ own exclusive reported the program was approved at the top of Russia’s defence ministry; China has previously called such allegations unfounded.
Taken together, the week’s Reuters file underscores how the aftermath of the Iran war is rippling across energy markets, alliance politics and corporate balance sheets, even as unrelated stories such as Tesla’s robotaxi push compete for attention. The throughline is a world recalibrating to higher oil, harder security choices and sharper great-power friction.
This is an automated coverage digest aggregating Reuters’s public reporting via Google News, cross-checked against independent web sources; links point to the originals. It is not affiliated with or endorsed by Reuters. Dated July 3, 2026.
