WHAT’S HAPPENING TODAY: Good afternoon and happy Monday, Daily on Energy readers! Summer is officially here, as yesterday marked the longest day of the year in the Northern Hemisphere. ☀️😎🥤🥵 Be sure to stay hydrated, seek out shade, and wear sunscreen this summer, as some scientists say it will be the hottest year on record. 

Today’s newsletter kicks off with the latest news on the peace talks between the United States and Iran, as well as the amount of traffic through the Strait of Hormuz. 🇺🇲🚢🇮🇷 Have we been nearing pre-war levels, as the Trump administration has claimed? Read below to find out.