Trump: US Only Semi-Negotiating with Iran

A US Coast Guard cutter joined Philippine warships in a patrol near a disputed shoal in the South China Sea last week as Washington continued backing Manila in its maritime dispute with Beijing. According to a report from USNI News, the exercise, conducted from May 26 to May 30, marked the first time the US […]

"It's Getting Worse": HSBC Warns Commodities Face Squeeze As Chokepoint Chaos Spreads The key takeaway heading into the weekend is that maritime chokepoint chaos has spread from the Strait of Hormuz to the Bab el-Mandeb Strait, while fighting across the Black Sea has intensified between Russia and Ukraine. The widening disruptions have prompted several institutional desks this week to warn that a potential squeeze on physical commodity markets could send prices from energy to agricultural goods higher. "The Middle East conflict has escalated, putting a substantial squeeze back into commodity markets,"...

The Israeli military attacked and seriously damaged a convent in the southern Lebanese town of Yaroun, leading to international condemnation from Christian groups. The convent belonged to the Greek Catholic order “Basilian Salvatorian Sisters,” and was known for supporting schools in the local community. The order said they had been told the building had been […]