The US has imposed sanctions on Cuba's state-owned mining company GeoMinera and other economic entities, including financial and logistics firms linked to GAESA. Cuba's Foreign Minister condemned the move as 'dishonest and mendacious.'
Cuba's UN Representative Ernesto Soberon Guzman condemned new US sanctions, stating they worsen the humanitarian crisis and do not support the Cuban people. He cited 12,000 children awaiting surgery due to US policies.
Iran is reportedly seeking to diversify oil buyers beyond China during a 60-day US sanctions waiver, but Asian refiners show little urgency due to secured alternative supplies and uncertainty over future US policy.
Oil prices decline sharply after the US waives sanctions on Iranian oil, allowing it back into the US market, amidst progress in peace negotiations following the US-Israel war on Iran.
Oil prices fell Monday after US-Iran talks in Switzerland concluded with Tehran securing waivers for oil and petrochemical exports, easing concerns over potential supply disruptions. Brent crude futures were down 1.90% at $79.04 per barrel.
US and Iranian delegations met in Switzerland to discuss an interim deal, focusing on the Strait of Hormuz, sanctions, and the conflict in Lebanon. Tensions are high due to Iran's decision to keep the strait closed and internal dissent regarding the negotiations.
US and Iran negotiators met in Switzerland to discuss a fragile interim deal. Key issues include a ceasefire in Lebanon, lifting sanctions on Iranian oil, and reopening the Strait of Hormuz. Tensions are high due to Iran's decision to close the strait and internal Iranian disputes over the talks.
L'eurodéputée Nathalie Loiseau demande des sanctions européennes contre la chroniqueuse Xenia Fedorova, qu'elle qualifie de "propagandiste russe". Une résolution en ce sens a été votée au Parlement européen.
India's crude oil imports from Russia are projected to reach an all-time high of 2.35 million barrels per day in June, driven by Strait of Hormuz disruptions and continued demand. Russia has become India's primary supplier since the US-Iran conflict began.
Shipping industry insiders suggest a deal's impact on global trade hinges on US sanctions relief and mine clearance in a strategic waterway. Companies maintain current Middle East operations, while analysts anticipate a wait-and-see approach despite the agreement promising to restore commercial shipping.
Chinese lithography firm CFMEE plans a Hong Kong IPO next week, aiming to raise up to $410 million to fund strategic investments, R&D, and capacity expansion as China pursues semiconductor self-sufficiency.
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.
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.
The Russian stock market saw an accelerated decline, with the MOEX Russia index falling below 2,500 points and the RTS index losing 1.8%. This dip was attributed to a statement by US President Donald Trump indicating a potential cancellation of eased sanction requirements on Russian oil.
Foreign tourist arrivals in Cuba have plummeted by 58.4% in the first five months of 2026 due to tightened US sanctions targeting the tourism sector. Airlines and hotel chains have suspended operations, impacting Canada, the largest source of tourists, and Spanish firms Meliá and Iberostar. The sanctions have also exacerbated shortages of fuel, medicine, and food, leading to economic paralysis and rare public protests.
Envioscuba.com, a major platform for Cubans in the US to send remittances and goods to relatives on the island, has stopped taking new orders due to US sanctions targeting Cuban businesses. The platform cited reasons beyond its control for the cessation of services.
President Donald Trump confirmed a deal with Iran includes scrapping US sanctions, describing it as a "behavioral thing." The memorandum, electronically signed by Trump, VP Vance, and Iran's Speaker Ghalibaf, is set for official signing on June 19 in Switzerland.
China's Ministry of Commerce criticized the US for "continuously overstretching the concept of national security" and suppressing Chinese companies, stating these actions harm the global economic order and supply chains.
Cuban scientists and conservationists are facing significant challenges in protecting the island's marine ecosystems due to economic scarcity, US sanctions, and the climate crisis. Despite limited resources, they are employing innovative methods like coral farming and relying on local volunteers to mitigate damage from pollution, invasive species, and coral diseases.
Russia's ambassador to the US stated that Russia faced issues accessing G20 events during the US presidency due to sanctions. Representatives from the Russian Union of Industrialists and Entrepreneurs and the Russian Academy of Sciences were denied entry to the US. Moscow views this as a violation of host country obligations and undermining the G20's role.
Cuba's President Miguel Díaz-Canel announced a broad package of economic reforms affecting tourism, foreign trade, investment, and the private sector. The measures aim to liberalize the economy, re-open tourism to new players, reform state import companies, and reduce ministries, while acknowledging US economic pressure and calling for unity.
Cuba's Foreign Minister Bruno Rodriguez Parrilla denounced US sanctions against state oil company CUPET as "crude lies" and "aggressive, uncouth, and rabid lies." The US claims assets were unlawfully expropriated and accuses Cuba of hoarding energy. The sanctions follow a pattern of intensified US pressure, impacting daily life, medical supplies, and infant mortality on the island.
Empyrean Technology, a Chinese EDA provider, has backed a new chipmaking method using "true-3D" stacking, compatible with Huawei's LogicFolding architecture. This approach, presented as an alternative to Moore's Law, aims to bypass US sanctions on advanced lithography equipment by compressing signal travel time instead of shrinking transistors.
Three Indian crew members were killed when the US Navy attacked merchant ships off the Oman coast; India lodges strong protest with the US.
