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An explosion at Qatar's Ras Laffan industrial zone killed at least 13 people and injured dozens, officials said. The blast occurred during restart operations at the Barzan gas supply facility, attributed to a technical malfunction. Authorities confirmed no impact on exports or environment.
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.
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 and Iranian negotiators concluded a first round of talks in Switzerland, agreeing on a roadmap toward a final deal within 60 days. Despite a tense opening marked by Trump's threats over the Strait of Hormuz and an Iranian walkout, technical talks will continue, with mediators hailing progress.
As US and Iranian officials meet in Switzerland, President Trump threatens military action over the Strait of Hormuz and Lebanon, while talks were briefly cancelled due to Israeli operations. Former Mossad official criticizes Trump's negotiation style, and regional dynamics complicate the peace process.
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.
An Iranian lawmaker's disclosure of alleged confidential letters from the supreme leader's son about US negotiations has triggered legal threats and resignations, exposing tensions within Iran's leadership over the nuclear talks.
US and Iranian negotiators opened a new round of talks in Burgenstock, Switzerland, with Qatar and Pakistan mediating. The discussions aim to implement a memorandum of understanding covering a ceasefire, the reopening of the Strait of Hormuz, and the unfreezing of Iranian assets, with progress reported in the first round.
Iran's military says it has closed the Strait of Hormuz in response to Israeli strikes in Lebanon, citing a breach of the US-Iran agreement. The US military disputes the closure, saying commercial shipping continued, while Iran's foreign ministry denies reports of a full shutdown. The situation remains fluid with talks between the US and Iran set to resume in Switzerland.
US Vice-President JD Vance arrived in Switzerland to help launch negotiations with Iranian leaders on curbing Tehran's nuclear programme. The talks, mediated by Pakistan and Qatar, aim to build on a fragile interim deal to end the US-Iran war, but are complicated by fighting in Lebanon and disputes over the Strait of Hormuz.
The Australian federal government has extended its fuel excise cut for another month, but at a reduced discount. From July 1, the 32 cents per litre cut will drop to 16 cents per litre, with the Heavy Vehicle Road User Charge also rising to 16 cents per litre. The government cites ongoing global pressures and the need to continue shielding Australians from high fuel costs.
US Vice President JD Vance has arrived in Switzerland for high-level talks with Iran, mediated by Qatar and Pakistan, as Tehran announces the closure of the Strait of Hormuz following Israeli attacks in Lebanon. The talks aim to build on a framework agreement, but key disputes remain unresolved.
Three Indian-flagged oil tankers successfully transited the Strait of Hormuz on June 20, 2026, carrying over 860,000 tonnes of crude with 94 Indian crew, amid a fragile US-Iran ceasefire. The tankers are expected to arrive in India between June 24 and July 1, while Iran has claimed it closed the strait in response to Israeli strikes on Lebanon, a claim contradicted by the successful transit.
US Vice President JD Vance said he could travel to Switzerland within days for talks with Iran, as US envoys are already on the ground. His comments come amid preparations for a new round of negotiations, with reports indicating he has already departed.
Iran's Supreme Leader Mojtaba Khamenei has approved a US peace deal despite reservations, but internal factional differences and hardline opposition threaten its implementation. The deal, which includes a 60-day negotiation period and the lifting of a port blockade, has also drawn criticism from Israeli political factions.
At least 16 people were killed in Israeli strikes on southern Lebanon on Saturday, local authorities said, despite reports of a new ceasefire between Israel and Hezbollah. The strikes follow a deadly exchange on Friday that derailed planned mediator talks in Switzerland. The exact status of the ceasefire remains unclear, with Hezbollah saying it will abide if Israel does.
Israeli strikes in southern Lebanon over the weekend killed at least 16 people, according to Lebanese civil defense, testing a ceasefire that took effect Friday. Israel said it was responding to projectiles fired by Hezbollah, while Hezbollah accused Israel of violations and said it remained committed to the truce.
Russian Security Council Deputy Chairman Dmitry Medvedev and Federation Council Deputy Speaker Konstantin Kosachev offer critical assessments of the US-Iran deal, arguing that Israel is the clear loser and faces a strategic dilemma, while Tehran emerges without defeat and the agreement remains fragile.
US Special Envoy Steve Witkoff is traveling to Switzerland for talks with Iran, following a ceasefire between Israel and Hezbollah in Lebanon. Jared Kushner is already in Switzerland, and Iranian Foreign Minister Abbas Araghchi is expected to join. The talks aim to build on a preliminary US-Iran peace deal.
Iran's deputy foreign minister says Tehran is ready to continue diplomacy with Washington if the US ensures Israel abides by the ceasefire agreement in Lebanon. Despite a reported ceasefire between Israel and Hezbollah, deadly Israeli attacks have continued, casting doubt on the deal's viability.