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...
China has expressed readiness to work with Japan to foster a stable and constructive relationship, state broadcaster China Central Television (CCTV) reported following a high-level meeting between the two countries’ leaders.
During their bilateral talks, Chinese President Xi Jinping noted that relations between Beijing and Tokyo face both opportunities and challenges. He called on both sides to adhere to a path of peaceful coexistence and friendly cooperation, highlighting the importance of building a “strategic, mutually beneficial relationship” that advances shared interests and win-win outcomes.
Japanese Prime Minister Sanae Takaichi, for her part, said China remains an important neighbour for Japan, adding that the two nations share major responsibilities for maintaining regional and global peace and prosperity. She underscored Japan’s willingness to sustain close dialogue and exchanges with China at both high and working levels, according to CCTV.
The meeting underscored renewed efforts by Asia’s two largest economies to stabilise ties and manage differences through diplomacy and cooperation.
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.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 16 June, covering the latest developments you need to know.
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