South Korean bond market sentiment saw a slight improvement for July, with the Bond Market Survey Index (BMSI) rising to 85.1. This uptick is attributed to easing tensions following an agreement between the United States and Iran to end the war in the Middle East.
Crimea has banned nighttime rides on mopeds, quad bikes, and motorcycles, citing their noise resemblance to drone attacks and alleging children are deliberately involved. Ukraine has intensified drone attacks on the peninsula, impacting supply routes and fuel availability. Meanwhile, a Ukrainian drone hit a Moscow refinery, halting operations, and Russia's strikes killed at least eight people across Ukraine.
G7 leaders aim to prioritize the Ukraine war, with Donald Trump suggesting the US may soon reinstate sanctions on Russian oil. Meanwhile, Ukraine reports a bomber crash and Russian strikes kill at least eight people across multiple regions. A Russian artist critical of Putin was killed in Poland.
US President Trump plans to refocus on ending the Russia-Ukraine conflict post-Middle East crisis. EU officials are reportedly unsettled, fearing being sidelined by direct US-Moscow negotiations. Talks stalled in March, with key disagreements over Donbass.
US Vice President JD Vance stated that agreements to resolve the conflict between the US and Iran will encompass Israel, Lebanon, and Persian Gulf countries, describing it as a "true regional peace deal." The deal is expected to be signed in Geneva on June 19, with Pakistan acting as an intermediary.
South Korean President Lee Jae Myung invited Pope Leo XIV to Seoul for World Youth Day 2027, creating an opportunity for peace efforts on the Korean Peninsula. A papal visit to North Korea, though challenging, could foster dialogue where diplomacy has failed.
Russia and Singapore are interested in establishing contacts for the peaceful exploration of space, according to a Kremlin statement ahead of the Russia-ASEAN Summit in Kazan. Singapore established its National Space Agency in February 2026.
The Kremlin stated that Ukrainian President Volodymyr Zelenskyy could travel to Moscow for talks if he is prepared for "responsible and serious" discussions to resolve the Ukraine conflict. Kremlin spokesperson Dmitry Peskov noted the absence of official communication channels but indicated Russia's openness to dialogue under specific conditions. Remarks followed diplomatic activity at the G7 Summit.
US intelligence agencies assess Iran can now close the Strait of Hormuz at will, a powerful tool to disrupt the global economy. This comes despite a peace agreement expected soon, raising concerns about future leverage and potential disruptions to other key trade routes.
Iran's top diplomat stated a peace deal with the US requires Israel's withdrawal from Lebanon. Concerns grow that Israel may undermine diplomatic efforts, with Donald Trump criticizing Israeli actions in Beirut as "vicious" and "irresponsible." A Hezbollah official confirmed Iran's commitment to demanding Israeli troop withdrawal.
A peace agreement between Donald Trump and Iran will permit Tehran to sell oil and fuel immediately, in exchange for free navigation through the Strait of Hormuz and a commitment not to acquire nuclear weapons. The deal also includes sustained relief from sanctions if Iran adheres to US demands.
The Indian rupee depreciated by 2 paise to close at 94.60 against the US dollar on Tuesday, halting a two-session gain. Despite easing crude oil prices and optimism over a US-Iran peace deal, foreign capital outflows from Indian equities capped the rupee's rise.
A new peace deal may lower European energy costs by removing threats to shipping and infrastructure. However, concerns over the Strait of Hormuz, natural gas competition, and infrastructure repair linger, with analysts cautioning against over-optimism.
A reported Iran-US peace deal, set to be signed this week, may allow Tehran to immediately resume oil and fuel sales by waiving sanctions. The agreement also reportedly covers banking, transportation, and insurance services to facilitate these sales, offering a significant economic boost to Iran.
Oil prices hit a three-month low as the US reportedly allows Iran to sell crude immediately under a conflict resolution deal. Brent futures fell below $80, WTI down 5.9%. Details emerge at the G7 summit in France, though conflicting accounts of the deal persist.
At the G7 summit in Evian-les-Bains, France, leaders are focusing on pressuring Russia to end the war in Ukraine. European nations are seeking to align with US President Donald Trump on increased support for Kyiv, while also discussing a framework peace deal with Iran.
US stocks traded near record levels Tuesday, with the Dow Jones Industrial Average hitting an intraday all-time high. Falling oil prices and optimism over a US-Iran peace deal boosted investor sentiment, while SpaceX shares rallied significantly.
En la cumbre del G7 en Francia, Donald Trump se reunió con el presidente ucraniano Zelenski y prometió esfuerzos de paz con Rusia, mientras se discuten nuevas sanciones contra Moscú. La UE y el Reino Unido también anunciaron medidas adicionales para presionar al Kremlin.
An analyst argues that US policy has shifted from brokering peace deals to enabling Israeli hegemony, hindering genuine peace. The US's unconditional support for Israel's aggressive stance, exemplified by the Abraham Accords, alienates Arab states and risks US influence in the region.
Iran's World Cup coach Amir Ghalenoei described his team as "perhaps the most oppressed" after being forced to leave their training base in Tijuana hours after a 2-2 draw against New Zealand. The team was ordered to fly back immediately, missing crucial recovery time. Protests by Iranian Americans outside the stadium highlighted divisions over the team's ties to the Tehran regime.
Indian stock markets, Sensex and Nifty, rose for the third consecutive session on Tuesday, driven by positive global trends, foreign fund inflows, and easing crude oil prices following a reported US-Iran peace deal. The Sensex closed up 0.71% at 76,808.48 and Nifty 50 rose 0.57% to 23,989.15.
President Trump indicated openness to sending the Iran deal memorandum of understanding to Congress for review, despite expressing skepticism about its approval. The preliminary deal aims to extend a ceasefire and address Iran's nuclear program, with details to be unveiled Friday.
Keir Starmer denied being snubbed by Donald Trump at the G7 summit in France, stating they had "very productive" conversations focused on Iran and Ukraine. Starmer also discussed the UK's potential role in demining the Strait of Hormuz and announced new sanctions on Russia.
The European Conservative пишет, что возвращение Дональда Трампа к активному участию в мирном процессе по Украине крайне невыгодно для Евросоюза. Европейские политики недовольны, так как Трамп не поддерживает жесткую позицию в отношении Москвы и предпочитает компромисс.
