After Saudi Arabia announces "significant damage" to two of its oil tankers off the coast of the UAE, the U.S. issues a new warning to sailors and Iran calls for "further clarification" of the incident.

"We take these accusations seriously and we are going to defend ourselves," says Teva Pharmaceutical Industries’ chief financial officer Michael McClellan in wake of price-fixing lawsuit filed by 44 U.S. states. Teva’s Tel Aviv-listed shares down nearly 11% on Sunday.

Move will compensate for the Palestinian Authority's decision to cut the salaries of its public employees by 50% to maintain its "pay-for-slay" program after Israel began withholding tax revenues earlier this year.

Israel has poured over $5.6 million into Eurovision security; tens of thousands of police will patrol the contest throughout the week. Tel Aviv Hotel Association says the song contest has attracted far fewer foreign visitors than expected. "There's definitely more controversy around Israel's contest than past ones," says John Kennedy O'Connor, who wrote the official history of Eurovision song contest.

Trump's special envoy says plan will be revealed only after Jewish holiday of Shavuot. Ramallah's boycott of U.S. peace efforts will come "at the expense of everyday Palestinians," he warns.