Oil prices slip further as markets await clarity on Iran ceasefire deal
Oil prices edged lower on Tuesday (16 June) as traders assessed the possibility of oil supplies returning through the Strait of Hormuz following a pre...
Japan does not plan to recognise a Palestinian state at United Nations meetings this month, Foreign Minister Takeshi Iwaya said on Friday.
But he also said that for Tokyo, which supports a two-state solution between Israel and the Palestinians, it is not a matter of whether to recognise a Palestinian state, but when to recognise it.
"I'm aware voices calling for the recognition as a state are getting louder in the international community as well as in Japan," Iwaya told a press conference.
"But the government has a responsibility to look hard into what will really lead to a two-state solution and to make diplomatic efforts towards that direction."
A handful of U.S. allies are preparing to recognize a Palestinian state as world leaders meet at the U.N. General Assembly in New York next week in the hope of putting pressure on Israel to allow more aid into Gaza and seek long-term peace.
Iwaya said Japan does not condone Israel's unilateral action such as the expansion of its military operations in Gaza, and that Japan will respond if Israel takes further steps that would close the way to the realisation of a two-state solution.
Asked if the Japanese response would include sanctions against Israeli ministers over the conflict in Gaza, Iwaya said the government will not exclude any options, including the recognition of a Palestinian state, in weighing its potential moves.
Details of a reported draft memorandum of understanding between the United States and Iran offer the clearest picture yet of how both sides plan to end months of conflict and move towards a longer-term settlement.
The U.S. and Iran say they have reached a deal to end their conflict, with an immediate ceasefire and reopening of the Strait of Hormuz after the lifting of the U.S. naval blockade. Talks will continue over the next 60 days to finalise the agreement
A senior U.S. official said on Monday that the memorandum of understanding linked to the U.S.-Iran agreement had been signed by President Donald Trump, Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf.
Israeli Prime Minister Benjamin Netanyahu has told U.S. President Donald Trump that Israel does not consider itself bound by a Lebanon-related provision in an emerging agreement with Iran, according to Israeli officials.
Switzerland on Sunday rejected a referendum proposal to cap its population at 10 million, a projection showed, as voters prioritised economic stability and the country's ties with the European Union over immigration concerns.
The United Kingdom has imposed a new wave of sanctions on Russia, targeting key financial institutions, logistics networks and vessels accused of helping Moscow sustain its war in Ukraine.
Ukraine has said it struck an oil refinery in Russia’s Moscow region, marking one of the deepest reported attacks into Russian territory in recent months.
A strong 6.7-magnitude earthquake struck Indonesia's Sulawesi island early Tuesday, according to the United States Geological Survey (USGS).
A Chinese-linked hacking group secretly stole data from academic, medical and military research institutions in the U.S. and Canada for more than a year before being discovered, according to a report published by Google on Monday.
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