Oil prices drop after Israel confirmed ceasefire with Iran
Oil prices fell sharply for a second day after Israel confirmed a U.S.-brokered ceasefire with Iran, easing fears that the conflict would disrupt global energy supplies.
Tensions reignited Tuesday as Israel resumed strikes on Tehran, accusing Iran of violating a newly declared ceasefire—an allegation Iranian state media denies.
Israeli Defence Minister Israel Katz announced on Tuesday that he had ordered the Israel Defense Forces to resume high-intensity operations in Tehran, following what Israel alleges was a missile attack by Iran in breach of the U.S.-mediated ceasefire.
Katz said the move came after missile launches were detected from Iranian territory, calling it a "blatant violation" of the ceasefire announced by U.S. President Donald Trump. “In light of Iran’s violation of the ceasefire declared by President Trump—and in keeping with Israel’s policy to respond forcefully,” Katz said in a statement.
However, Iranian state television has denied these claims, saying no missile attack was launched on Israel after the ceasefire took effect, according to local media.
Despite this denial, the Israeli military confirmed it was actively intercepting what it said were missiles fired from Iran.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China announced on Tuesday that it will host a large-scale military parade in Beijing’s Tiananmen Square on September 3, marking the 80th anniversary of the end of World War II. President Xi Jinping is scheduled to deliver a keynote speech during the commemorative events.
Qatar’s prime minister said on Tuesday that relations with Iran had been damaged by Tehran’s recent missile attack on a U.S. airbase in Qatar, but expressed hope that ties could eventually return to normal.
Vietnam’s government announced on Tuesday that it plans to sign an agreement with Russia in August to build the country’s first nuclear power plant.
The Netherlands will deliver a 100 drone-detection radars and 20 medical evacuation vehicles to Ukraine under a new €175 million ($202 million) military aid package, boosting its ongoing support for Kyiv ahead of the NATO summit this week.
A new MIT study has found that regular use of Artificial Intelligence tools such ChatGPT, may lower brain activity and diminish critical thinking, raising concerns about their growing role in education and professional life.
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