US, Iran Agree To Meet For Talks In Pakistan Friday As Both Declare 'Victory'; Saudi East-West Pipeline Hit By Drone

BP Sells 5% Stake In Australia's Newest $35 Billion LNG Project By Tsvetana Paraskova of OilPrice.com BP will sell 5% in the $35-billion Browse LNG project in Australia, which Australian energy giant Woodside is looking to progress, the UK-based supermajor told Reuters on Monday. BP is selling the 5% stake, out of its total of its 44% interest, to South Korea's GS Energy. “The dilution reflects BP’s disciplined approach to portfolio management by bringing in a committed partner,” BP said in a statement emailed to Reuters. The Browse LNG project in Australia, proposed by...

Key Events This Week: Jobs Report, JOLTS, ADP, ISMs And Fed Speakers The key event for markets outside of Iran (which is once again front and center following news that Iran is halting all exchange of messages with the US in protest of Israeli crimes in Lebanon) will be Friday’s US May employment report. Economists forecast a notable moderation in payroll growth compared with the relatively strong pace seen earlier in the spring. Headline nonfarm payrolls are expected to rise by around consensus 89k, down from 115k in April, while...

Imminent Supreme Court Rulings To Watch For Authored by Sam Dorman via The Epoch Times (emphasis ours), Birthright citizenship, girls sports, the definition of Election Day, and other hot-button topics are on the line in upcoming Supreme Court decisions. Illustration by The Epoch Times, Madalina Kilroy/The Epoch Times The court’s 2025–2026 term is expected to end in June with a series of rulings that could impact social issues and President Donald Trump’s agenda. The last scheduled oral argument was held on April 29; the justices considered whether Trump wrongfully terminated deportation protections for thousands...