Serena Williams' Shocking Return; U.S.-Iran Tensions Rise & L.A. Votes on Key Ballot Measures

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L.A. Times Studios

News, Daily News, Society & Culture, The Times, California

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🗓️ 2 June 2026

⏱️ 5 minutes

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Summary

Gas prices dropped modestly on Monday morning, even as crude oil prices jumped following a new round of military strikes between the U.S. and Iran. The drop may not last long, as gas price changes typically trail oil prices by a few days. Meanwhile, in Los Angeles, voters across the city and county will also decide on several ballot measures that could impact taxes, healthcare, hotels, and the cannabis industry, with the biggest county-wide question being a proposed half-cent sales tax to help fund public hospitals and clinics. And Serena Williams, the greatest women's tennis player of all time, is returning to the tour four years after she left the sport. The 23-time Grand Slam singles champion is taking a wild card invite to play doubles next week at Queen's Club, a prestigious grass-court tournament that precedes Wimbledon. Read more at https://www.latimes.com

Transcript

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0:00.0	This is an L.A. Times Studios podcast.
0:09.4	Gas prices dropped modestly on Monday morning, even as crude oil prices jumped
0:14.3	following a new round of military strikes between the U.S. and Iran.
0:18.7	According to AAA, the national average for a gallon of gas
0:21.9	fell to $4.32.
0:24.9	That's a small drop that might not last for long.
0:28.4	Typically, increases or drops in gas
0:30.6	trailed the prices of oil by a few days.
0:33.4	And on Monday, oil prices surged
0:35.6	as the U.S. and Iran struggled to maintain a fragile ceasefire.
0:40.1	Iran's semi-official state news reported that Tehran was backing out of peace negotiations
0:44.9	and seeking a, quote, complete closure of the Strait of Hormuz in response to Israel's military action in Lebanon.
0:52.7	Brent crude, the global benchmark, climbed nearly 5% to more than $96 a barrel, and U.S.
0:58.9	crude prices jumped 7% to around $93.
1:02.7	Today, the U.S. Central Command says they intercepted two Iranian missiles headed toward
1:07.6	U.S. troops in Kuwait.
1:09.5	Officials say no Americans were injured, but the strikes follow a weekend of attacks from both
1:14.5	sides.
1:15.7	The Americans say they targeted drone launch sites as well as radar facilities in Iran after
1:21.6	Iran shot down an American drone over the weekend and did other hostile acts.
1:26.6	Now, Iran's paramilitary Revolutionary Guard said that it launched an attack and retaliation
1:31.3	that appears to have been a ballistic missile launch targeting Kuwait.
	...

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