Oil prices fell Wednesday as President Trump indicated positive progress in U.S. talks with Iran in Qatar. Brent crude futures dropped 1.1% to $72.12, and WTI futures fell 0.66% to $69.04. Jared Kushner and Steve Witkoff are in Doha for indirect talks.
Oil prices slightly declined Wednesday as Iran stated it would not meet with U.S. delegates, raising concerns about the peace process. Brent crude futures fell 0.9% to $72.27 and WTI futures dropped 0.9% to $68.91. An incident in the Strait of Hormuz added to market jitters.
Oil prices slightly decreased Wednesday as Iran stated it would not meet with US delegates in Qatar, raising concerns about the peace process. Brent crude futures fell 0.3% to $72.72, and WTI futures dropped 0.5% to $69.17.
Qatar confirmed no high-level US-Iran talks are planned despite Trump's claim, as US envoys arrive to meet mediators. This follows recent Gulf attacks, confusion over a $6B asset release, and Iran's warning against mine-clearing in the Strait of Hormuz.
SCMP presents a selection of seven recent news stories. The first highlight details US and Iran talks in Switzerland, which reportedly cooled tensions and led to assets being returned to Iran, though key issues remain unresolved. Other mentioned highlights include a deadly school shooting in the Philippines and a Chinese man jailed for breeding snakes.
Iran announced progress in talks, citing the lifting of a blockade, release of frozen assets, and a reconstruction plan. However, Iran's Foreign Minister stated the "real test" is deconfliction in Lebanon. The US stated unfrozen assets should be spent on American goods and not fund terrorism.
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.
G7 leaders met in France to discuss Russia's war on Ukraine and a peace process with Iran. Discussions focused on increasing pressure on Russia through sanctions and providing air defense to Ukraine. US President Donald Trump also threatened Iran with severe consequences if it pursued nuclear weapons.
G7 leaders convene in Evian-les-Bains, France, to discuss Russia's war in Ukraine and a preliminary peace deal with Iran. US President Donald Trump's stance on trade tariffs and international cooperation is a key focus, alongside EU accession talks for Ukraine and potential sanctions relief for Iran.
US President Donald Trump stated that the United States will now shift its focus to resolving the Ukrainian conflict following the agreement with Iran. He confirmed plans to discuss the peace process at the G7 summit in France and spoke positively about recent phone calls with Russian President Vladimir Putin and Ukrainian President Vladimir Zelensky.
Депутат Госдумы Алексей Чепа считает, что сам факт разговора Путина и Трампа важен для урегулирования конфликта на Украине, так как это показывает уважение лидеров к переговорному процессу.
Italian Parliament's Chamber of Deputies approved a resolution supporting a peace process in Ukraine. The resolution calls for initiatives to achieve peace in coordination with the US, NATO, and G7 partners, and for the phased rollback of sanctions after the conflict ends.
Hezbollah has rejected proposed ceasefire terms for Lebanon, calling them "absurd and humiliating." The group insists on an end to Israeli attacks on Lebanese villages before considering withdrawal from southern Lebanon. France and the EU support the ceasefire, with the EU providing new military aid to the Lebanese army.
US President Donald Trump announced a ceasefire between Israel and Hezbollah, brokered through talks with Iran. While Israel confirmed the agreement, it warned of continued strikes if Hezbollah attacks. Hezbollah claimed attacks on Israeli forces, which Israel intercepted.
US President Donald Trump announced a ceasefire between Israel and Hezbollah, brokered through talks with Iran. Lebanon confirmed Hezbollah's acceptance of a plan to halt attacks, while Israel's PM confirmed the deal but warned of continued strikes if Hezbollah persists. Iran had previously warned that any violation would breach the US-Iran truce.
PM Narendra Modi met with Myanmar President U Min Aung Hlaing to discuss trade, border security, and defense cooperation. Hlaing assured that Myanmar's territory would not be used against India's security interests. Modi reaffirmed India's support for Myanmar's sovereignty and territorial integrity.
Russia's Deputy Foreign Minister Sergey Ryabkov stated that the "spirit of Anchorage" refers to the trust between Presidents Putin and Trump, which facilitated the initial framework for Ukrainian reconciliation. He emphasized that constructive work between Russia and the US on Ukraine and bilateral cooperation remains a priority.
Kremlin spokesperson Dmitry Peskov stated that President Putin's upcoming visit to China will focus on bilateral economic relations and expressed expectations for the restart of the stalled peace process regarding Ukraine.
Washington has presented Tehran with five conditions for continuing peace talks, including no compensation for bombing damage, transfer of 400 kg of enriched uranium to the US, and resolution of the war on all fronts through negotiations, according to Fars News Agency.
Signs of public fatigue with the Kremlin's war are emerging in Russia amid a stalled peace process, while Ukraine employs robotic warfare to sustain its fight.
Mark Episkopos, research fellow in the Eurasia Program at the Quincy Institute for Responsible Statecraft, says European leaders can secure a seat at the negotiating table at any time, but there are no signs that this will happen in the foreseeable future
The EU's High Representative, Kaja Kallas, met Azerbaijan’s leadership in Baku for talks to advance what she called “our strategic interest” in connectivity between the EU, the South Caucasus and Central Asia, and to contribute to the regional peace process.
President Ilham Aliyev claims the European Parliament is undermining peace efforts between Azerbaijan and Armenia, leading Baku to suspend cooperation and initiate withdrawal from the EuroNest Parliamentary Assembly.
