Oil prices dropped Friday as Israel and Hezbollah agreed to a ceasefire, while U.S.-Iran talks in Switzerland were abruptly canceled. Brent crude futures fell 1% to $79.02 and WTI futures dropped 0.8% to $75.96, both on track for weekly losses.
Iran has requested guarantees that hostilities in Lebanon will cease before resuming talks with the United States. The planned talks in Switzerland were postponed following Israeli strikes in Lebanon, with mediators working to resolve the issue.
Vice President Vance postpones Switzerland trip to negotiate Iran peace deal. Obama Presidential Center opens with former presidents. NYC celebrates Knicks' first NBA championship since 1973. DHS plans facial recognition for immigrant identification.
Vice President JD Vance's trip to Switzerland for Iran peace talks was delayed, raising questions about a recently signed memorandum of understanding to end the Middle East conflict. Israel continues to bombard Lebanon despite the agreement.
I colloqui tra Iran e Stati Uniti in Svizzera sono stati rinviati a causa degli attacchi aerei israeliani in Libano. L'Iran ha chiesto garanzie sulla cessazione delle ostilità per partecipare ai negoziati sul nucleare.
US-Iran peace talks in Switzerland were cancelled Friday as Hezbollah killed four Israeli soldiers, prompting Israeli airstrikes in Lebanon that killed at least 18. The violence jeopardizes a recent MOU aimed at Iran's nuclear program and oil traffic.
EU leaders adopted a unanimous 18-point statement on Ukraine, the first since 2023, largely reiterating existing demands on Russia and commitments to Kyiv. The statement includes pledges for funds, weapons, and political backing, alongside plans for further sanctions against Russia and a call for an immediate ceasefire.
Oil prices fluctuated Friday as U.S.-Iran talks in Switzerland were unexpectedly canceled due to logistical issues. Brent crude fell 0.3% to $79.59, while WTI rose 2.3% to $78.15, both on track for weekly losses. OPEC expects demand to remain strong, rejecting IEA supply glut forecasts.
Negotiations between the US and Iran scheduled for June 19 in Switzerland were canceled. US Vice President JD Vance postponed his trip, possibly due to Iran's demands regarding Lebanon. The US confirmed lifting its naval blockade on Iran.
A new agreement between the US and Iran signals a return to diplomatic talks regarding Iran's nuclear program. Analysts suggest this involves nuclear restrictions in exchange for sanctions relief and oil waivers, resuming a track previously halted by conflict.
China's Ministry of Natural Resources conducted a marine survey in its jurisdictional waters in the East China Sea using the research vessel Xiangyanghong 22. The mission aimed to understand ecological conditions for conservation efforts, with announcements of such missions being rare.
Israeli airstrikes in southern Lebanon killed at least 18 people overnight, escalating conflict despite a recent Iran-US agreement. The violence coincided with the postponement of US-Iran technical talks in Switzerland, raising concerns about the regional peace process.
Belgian Prime Minister Bart De Wever jokingly suggested European Council President António Costa should represent Europe in future peace talks with Russian President Vladimir Putin. The remark, made after an EU summit, highlighted divisions among EU leaders on how to engage with Moscow.
Direct talks between the US, Iran, Qatar, and Pakistan to finalize a tentative agreement to end the war in Iran have been postponed by Switzerland's Foreign Ministry. The agreement includes sanctions relief for Iran and a halt to military operations in Lebanon.
Ukraine hopes Brazilian President Lula da Silva can mediate talks with Russia, according to UOL, citing Brazilian government sources. Kiev believes Lula's trust-based relationship with Putin makes him a suitable mediator. A meeting between the leaders is not currently planned, but they might hold bilateral talks at the BRICS summit in September.
Direct talks between the US and Iran in Switzerland were postponed after US Vice-President JD Vance delayed his trip. The White House cited logistical issues. The postponement follows a recent deal between the two nations aimed at ending conflict, which also included provisions for Lebanon, though Israeli strikes there killed at least 18 people overnight.
US-Iran talks in Switzerland to implement a peace deal were cancelled as Hezbollah targeted Israeli forces and Israel conducted airstrikes in south Lebanon. The cancellation occurred amidst the most violent exchanges between Israel and Hezbollah since the last ceasefire.
Planned technical talks between the US and Iran in Switzerland on a ceasefire deal have been postponed. Reports suggest Iran delayed sending its delegation due to Israel's ongoing military campaign in Lebanon, raising fears the deal could unravel.
Planned technical ceasefire talks between the US and Iran in Switzerland were postponed Friday, raising fears the deal could unravel. Iran reportedly delayed its delegation due to Israel's ongoing military campaign in Lebanon.
Planned US-Iran ceasefire talks in Switzerland were postponed due to Israel's ongoing military campaign in Lebanon. Iran reportedly delayed sending its delegation, citing Israeli strikes that killed at least 16 people in southern Lebanon. The talks were to focus on technical terms of a digitally signed memorandum of understanding.
South Korea and the U.S. are in close discussions regarding the transfer of wartime operational control (OPCON), following a U.S. Senate bill proposing increased congressional oversight. The bill requires regular reports on the OPCON transition roadmap, amid differing timelines between Seoul and Washington.
Once hailed as a dotcom pioneer, Julie Meyer faces allegations of fraud and mismanagement across multiple failed ventures. Investors and former staff claim millions were lost, citing unpaid wages, debts, and misappropriated funds, leading to a trail of controversy from London to Malta.
Amazon CEO Andy Jassy revealed plans for the company's in-house AI chips, Trainium, to compete with Nvidia. AWS is in talks to sell Trainium chips to other companies, with strong demand reported for current and future versions.
US-Iran talks to end the Middle East conflict, scheduled for Friday in Switzerland, have been postponed. Vice President JD Vance cancelled his trip to Geneva, adding to uncertainty over a lasting truce. The war, which began in February, has caused significant casualties and economic disruption.
