China sends coast guard east of Taiwan over Japan-Philippines maritime talks
China's Coast Guard said on Monday it had carried out what it described as "law enforcement" patrols in waters east of Taiwan, saying the move was a r...
Tehran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show 2025) that will be held from May 8 to 11 is set to become the largest energy trade event in West Asia, - said Iran’s Deputy Oil Minister for International Affairs and Trade.
Seyed Ali Mohammad Mousavi highlighted the importance of energy diplomacy and said that the upcoming event would be a a platform for discussing the future of the global energy landscape.
“This exhibition has served as a cornerstone of energy diplomacy for nearly three decades, fostering practical collaborations and political dialogue,” Mousavi noted. “As a leading country in oil and gas reserves, Iran is ready to attract foreign investment and modernize its energy infrastructure.”
A series of specialized sessions are scheduled during the exhibition, emphasizing their key role in outlining investment opportunities and fostering technical collaboration.
In particular, the National Iranian Oil Company (NIOC) will host the conference on Investment Transformation and Project Financing, which he described as a unique platform for forming joint ventures and technical partnerships.
He stated that Iran aims to establish a transparent and stable environment for international investors, enabling the implementation of key projects—such as the development of oil and gas fields—through modern financial mechanisms, including the Iran Petroleum Contracts (IPC) framework.
Mousavi noted that Iran is positioning itself as a reliable global partner by expanding into emerging energy sectors such as petrochemicals, renewables, and hydrogen technologies.
Reiterating the link between diplomacy and energy policy, he concluded, “This exhibition provides a platform for building mutual understanding and long-term cooperation that meets both economic and environmental goals.”
U.S. rapper Kanye West, now known as Ye, performed to a crowd of 118,000 people in Istanbul on Saturday night, marking his first concert in Europe in more than a decade, despite being barred from performing in several countries over past antisemitic remarks.
Okinawa lost transport links and suffered widespread power outages on Monday (1 June) as Severe Tropical Storm Jangmi brought destructive winds and heavy rain to Japan's south-western islands.
Iranian-made Yassin missiles were spotted mounted on Armenian Air Force fighter aircraft during Armenia's latest military parade on Thursday (28 May), drawing attention from defence observers and regional analysts.
The Philippines remains under a "severe threat" from China despite recent efforts by Washington and Beijing to ease tensions, Philippine Defence Secretary Gilberto Teodoro said on Saturday (30 May).
Donald Trump said he is “in no hurry” to reach a deal with Iran, insisting the U.S. is slowly getting what it wants. He warned military action remains an option if talks fail. Meanwhile, U.S. forces said they fired a missile at a vessel trying to breach Washington’s blockade of Iran.
The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.
European companies are continuing to deepen their presence in China, with nearly seven in ten firms maintaining or expanding their supply chains despite global efforts to diversify, according to a new survey by the EU Chamber of Commerce.
BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.
The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.
Kevin Warsh will be sworn in as chair of the U.S. Federal Reserve on Friday as policymakers consider higher interest rates to tackle inflation linked to the Trump administration’s Iran policy.
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