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Oil prices have experienced sharp fluctuations as markets react to evolving signals from Washington and Tehran over a potential deal to end the US-Israel war on Iran and reopen the Strait of Hormuz. While hopes for a breakthrough briefly drove crude prices down, renewed strikes and cautious statements have reversed gains, leaving traders uncertain.
Cuba received the first shipment of 15,000 tonnes of rice from China as part of a 60,000-tonne aid package, according to Cuban President Miguel Diaz-Canel. The donation aims to alleviate acute shortages amid an economic crisis worsened by US sanctions, an energy blockade, and blackouts affecting much of the island.
A bomb attack on a train in Quetta, Pakistan, has killed at least 24 people and injured more than 50, with the Balochistan Liberation Army claiming responsibility. The blast targeted a train carrying military personnel, causing carriages to overturn and catch fire.
Tens of thousands of protesters rallied in Belgrade against Serbia's government, leading to clashes with riot police. The student-led movement, sparked by the 2024 Novi Sad rail disaster, is demanding early elections and accountability. President Aleksandar Vucic has offered a possible September-November ballot while condemning the protests.
Prime Minister Shehbaz Sharif met a Chinese business delegation and, during a visit to China, outlined agriculture, IT, Special Economic Zones, and mines and minerals as priority areas for bilateral cooperation. He also expressed hopes of increasing agricultural exports to China by $10 billion over the next five to seven years.
South Korea's ROKS Dosan Ahn Chang-ho submarine completed its first trans-Pacific voyage to Canada, arriving in Victoria for joint naval exercises amid Seoul's bid for a Canadian submarine procurement project valued at around US$40 billion. The deployment highlights growing defense cooperation between the two nations.
Tens of thousands of demonstrators gathered in Belgrade on May 23, 2026, demanding early elections and President Aleksandar Vucic's resignation. Police fired tear gas and clashed with protesters, detaining dozens. The protests were sparked by a deadly railway canopy collapse in Novi Sad in 2024.
North Korean state media celebrated Naegohyang Women's FC's AFC Women's Champions League victory and Kim Jong-un's personal reception of the team, while reports conspicuously omitted that the final was held in South Korea. The win marked a historic first for a North Korean club, with the team's journey and prize money subject to international sanctions scrutiny.
China launched the Shenzhou-23 mission on Sunday, sending three astronauts to its Tiangong space station, including the first from Hong Kong. One crew member will spend a full year in orbit, a national record, as part of preparations for a crewed lunar landing by 2030.
Oscar Piastri finished fourth in the Canadian Grand Prix sprint as Mercedes teammates George Russell and Kimi Antonelli battled hard, with Antonelli calling Russell's defending 'very naughty.' Russell took sprint pole and later won the sprint, while McLaren's bold tyre gamble in the main race backfired.
US President Donald Trump and Iranian officials signaled progress toward a framework agreement to end the war in the Middle East, with Iran finalizing a 14-point memorandum of understanding. However, key issues remain, including nuclear guarantees, sanctions relief, and the Strait of Hormuz, and some reports suggest the pace of negotiations has slowed.
Thousands gathered in Taipei to support increased defence spending, while Taiwan's parliament has approved a partial special procurement budget for US weapons. The US pause on a $14 billion arms sale to Taiwan to conserve munitions for its war on Iran has added urgency to the debate.
President Donald Trump abruptly canceled the signing of an executive order that would have imposed a voluntary government review of new AI models, after lobbying from tech leaders including Elon Musk and Mark Zuckerberg. The decision marks a return to a hands-off approach to AI regulation, raising concerns about unchecked technological advancement.
Russian officials have accused Western media outlets and the EU of ignoring a deadly drone attack on a vocational college in Starobelsk, Lugansk People’s Republic, which Moscow attributes to Ukrainian forces. Russian authorities invited international journalists to the site, with over 50 reporters from 19 countries reportedly attending, while the BBC declined and CNN did not respond. Casualty figures vary across reports, and the EU has not issued a formal statement on the incident.
Prime Minister Shehbaz Sharif arrived in China on a four-day official visit, kicking off with a stop in Hangzhou where he met business leaders and promoted CPEC 2.0 investment. He then travelled to Beijing for high-level engagements with Chinese leadership, including President Xi Jinping and Premier Li Qiang, aimed at deepening bilateral cooperation and marking 75 years of diplomatic ties.
Three months into the US war with Iran, President Trump's strategy appears to be facing mounting challenges, with analysts questioning whether he can achieve a decisive victory. Reports suggest a possible deal to reopen the Strait of Hormuz, but Trump's maximalist demands and domestic unpopularity complicate the path forward.
A gas explosion at a coal mine in Shanxi province, China, has killed at least 82 people and injured 182 others. Rescue efforts continue for two missing miners. Authorities have launched an investigation and placed a company official under control, while world leaders have offered condolences.
UN Under-Secretary-General Miguel Angel Moratinos, speaking in interviews with TASS after attending the KazanForum, said Western Europeans need to recognize a changed world of multipolar participation. He praised Russia's interfaith relations, support for the Alliance of Civilizations, and role in countering extremism while outlining plans to engage young diplomats.
Hong Kong’s first astronaut, Lai Ka-ying, launched aboard the Shenzhou-23 mission to the Tiangong space station. Chief Executive John Lee praised her participation as recognition of the city’s innovation talent, while experts call for sustained support to build on the momentum.
US President Donald Trump is reportedly considering fresh military strikes against Iran, citing frustration with stalled negotiations. Multiple sources confirm he convened his national security team on Friday to discuss scenarios if diplomacy fails, while diplomatic efforts, including a visit by Pakistan's army chief to Tehran, continue.