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The US-Iran war has ended with a fragile peace, but the conflict has significantly altered the regional balance of power in West Asia. Pakistan has emerged as a key mediator in the talks, a role that has reportedly caused discomfort in Israel, according to the Jerusalem Post.
At a BRICS security officials' meeting in New Delhi, Russian Security Council Secretary Sergey Shoigu attributed global instability to Western actions, highlighted energy and fertilizer supply disruptions, and called for alternative logistics and coordination among BRICS countries.
Vice President JD Vance spoke to the press in Switzerland on June 22, 2026, following a high-level US-Iran summit. While the location is reported slightly differently by two outlets, the event marks a notable diplomatic moment with few details disclosed.
A UN-mandated commission of inquiry has released a report accusing Israeli authorities and security forces of deliberately targeting Palestinian children in Gaza, constituting genocide, crimes against humanity, and war crimes. The report, released on Tuesday, also details war crimes in the West Bank and says over 20,000 children were killed in Gaza. Israel has rejected the findings as a 'libellous sham'.
US Secretary of State Marco Rubio is visiting the UAE, Kuwait, and Bahrain to discuss a preliminary Iran accord with Gulf allies. Gulf leaders are concerned about the deal's provisions, including a $300 billion reconstruction fund and the absence of limits on Iran's ballistic missile program. Rubio expressed hope for constructive dialogue with Iran.
President Lee Jae Myung urged the government to expand support for young people left behind by recent semiconductor and stock market booms, warning of widening asset disparities. He also unveiled plans for regional investment in advanced industries and measures to curb rising prices.
At a UN high-level meeting, leaders warned that progress against HIV is slowing due to financial pressures and shrinking support. Abrupt funding cuts in 2025 have disrupted prevention and treatment systems, and a new analysis warns of dire consequences for children if interventions are reduced.
Airlines stand to save billions on jet fuel after an interim US-Iran peace deal lowered oil prices, but passengers are unlikely to see immediate fare relief due to tight capacity and strong pricing power. US jet fuel spot prices have dropped sharply, yet carriers are prioritizing margin recovery over price cuts, with industry data showing fares lagging fuel costs.
China's Foreign Minister Wang Yi joined top Indian and Iranian security officials at a BRICS National Security Advisors meeting in New Delhi, where bilateral talks and regional security issues took center stage.
South Korea's bourse operator activated sell-side sidecars for the KOSPI multiple times amid sharp declines, suspending program trading for five minutes each time. The falls were driven by tech losses, Middle East tensions, and profit-taking.
South Korea has reached a broad consensus with the European Union regarding new steel import quotas that take effect July 1. The EU has reduced tariff-free quotas on 30 steel products, with South Korea's allocation set at 2.07 million tons. The government is rolling out support measures for local steelmakers to mitigate the impact.
Kim Jong Un said North Korea will exercise its position as a nuclear state to cope with global security challenges, blaming the US for worsening conflicts. He also ordered buildup of conventional weapons and construction of a 10,000-ton strategic guided missile cruiser.
US President Donald Trump has weighed in on Britain's political transition, calling incoming Prime Minister Andy Burnham 'extremely liberal' and predicting a rocky relationship. His comments come after Keir Starmer's resignation announcement, with Trump criticizing Starmer's handling of energy, immigration, and the Iran conflict.
Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani told Al Jazeera that diplomatic safeguards have been established to prevent regional tensions—including in Lebanon and the Strait of Hormuz—from derailing US-Iran negotiations. His remarks, which also referenced Doha's efforts to build an escalation-prevention mechanism, came after the signing of a Memorandum of Understanding between Washington and Tehran.
As Israelis express anxiety over the US-Iran interim deal, American allies of President Donald Trump, including Ambassador Mike Huckabee and conservative commentator Mark Levin, defended the relationship at a Jerusalem conference, even as criticism mounted from Israeli officials and media over the agreement's terms and its implications for Israel's security.
Russian and Iranian diplomats held consultations in Moscow focusing on the implementation of a US-Iran memorandum on ending the armed conflict in the Middle East. The sides stressed strict adherence to agreements and a sustainable ceasefire along the Lebanese-Israeli border. Meanwhile, Iran announced plans for regional visits before signing the memorandum in Geneva.
The US Treasury has issued a 60-day general license authorizing the production, delivery, and sale of Iranian oil, a move tied to ongoing negotiations in Switzerland aimed at ending the US-Iran conflict. Iran has committed to free transit in the Strait of Hormuz and to allowing IAEA inspectors, while reports of the release of $12bn in frozen assets remain unconfirmed by Washington. Oil prices fell following the announcement.
The Lowy Institute's annual poll shows Australian trust in the US to act responsibly has fallen to a record low of 31%, while trust in China has risen to 28%. A majority now prioritise the relationship with China over the US, and economic pessimism is at its highest in years.
Seoul shares closed at a fresh all-time high Monday, driven by a semiconductor rally and signs of progress in U.S.-Iran talks. The KOSPI added 62.13 points, or 0.69 percent, to reach 9,114.55, while SK hynix surged to surpass Samsung Electronics in market cap for the first time.
US-Iran talks in Switzerland face tensions as President Trump renews threats, while Vice President Vance signals openness to transforming relations. Reports highlight regional efforts, including Qatar's role and Saudi summit plans, amid cautious optimism and deep-seated challenges.