Oil Prices Fall Sharply on News of Possible Iran Deal
Oil prices fall as hopes rise for US-Iran peace deal. The oil market movement followed mixed comments from US President Donald Trump about negotiations with Tehran. The first stage of the agreement would be a 60-day extension of the ceasefire, during which time traffic would resume through the Strait. Even then, the geopolitical risk of another major energy crisis would remain.
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BHP defies its own climate strategy to spend hundreds of millions on polluting diesel trucks in Pilbara
BHP has continued to buy diesel trucks in the Pilbara. The company has received $622m in fuel tax credits from the federal government. BHP says it has achieved a ‘material reduction in cost’ for new diesel trucks. It says it is building the renewable power needed to support remote sites.
Social Security's 2027 COLA may be historic, thanks to a Trump bump. The 2.8% cost-of-living adjustment was boosted by President Donald Trump's tariff and trade policy. Social Security's COLA is essentially a near-annual "raise" that attempts to offset the inflationary pressures program recipients have faced.
The Mandalorian and Grogu has lowest box office opening for a Star Wars film in Disney era
"Star Wars: The Mandalorian and Grogu" opened to an estimated $82 million over its three-day domestic weekend. Some exhibitors saw it coming in as high as $95 million or as low as $70 million. It scored the lowest box office opening in Star Wars’ Disney era.
Clashes as Venezuelan prisoners protest over alleged mistreatment
Venezuela's Committee for the Freedom of Political Prisoners has expressed its solidarity with the inmates at Injuba. Non-governmental organisation Venezuelan Prison Observatory (OVP) said that the inmates had been complaining for more than a week about their treatment under the prison's new director. OVP has long drawn attention to the poor conditions in Venezuelan jails.
Turkish riot police storm opposition offices after leaders ousted
Police storm offices of Turkey's main opposition party. Riot police fire tear gas and rubber bullets at party members. Party members had been holed up for three days in the building in Ankara. The party's leader, Mevlut Cavusoglu, was forced to flee the country after the violence.
France Bans Israeli Minister Over Treatment of Detained Flotilla Activists
France has banned Israel’s far-right national security minister, Itamar Ben-Gvir, from entering the country. Many of the Global Sumud Flotilla activists returned in recent days to their home countries after being detained last week by Israel while attempting to deliver aid to Gaza. Israeli Prime Minister Benjamin Netanyahu condemned Ben- Gvir's actions, calling them "not in line with Israel's values"
US and Iran inch closer to peace deal as Trump faces criticism from GOP hawks
US President Donald Trump said a deal to end the war with Iran is close. He said the US won’t rush into it and the American blockade of Iranian ports will remain until a framework agreement is reached. Trump said “if” he strikes an Iran deal, it will differ from the one made under former President Obama.
Senate Republicans Cast Doubt on a Potential Peace Deal With Iran
US President Donald Trump said a deal to end the war with Iran is close. He said the US won’t rush into it and the American blockade of Iranian ports will remain until a framework agreement is reached. Trump said “if” he strikes an Iran deal, it will differ from the one made under former President Obama.
Trump Weighs His Options in Carrying Out New Strikes in Iran
US President Donald Trump said a deal to end the war with Iran is close. He said the US won’t rush into it and the American blockade of Iranian ports will remain until a framework agreement is reached. Trump said “if” he strikes an Iran deal, it will differ from the one made under former President Obama.
Large-scale Russian attack on Ukraine leaves four dead and dozens injured. Russia carried out a deadly large-scale strikes against Ukraine on Saturday night. Two people were killed and 16 wounded in Russian attacks in the southern Kherson region. In another attack near Kharkiv, one person was killed and two were injured.
Suicide bombing near railway track in Pakistan kills at least 23 people
Suicide bomber detonated an explosives-laden vehicle beside a railway in Quetta as a passenger train passed, killing at least 23 and injuring more than 70. At least 26 people, including soldiers, were injured in the attack, officials said. The attack took place near a railway station in the southwestern Pakistani city of Quetta.
Gunman in Shooting Near White House Killed in Exchange of Fire With Secret Service
Nasire Best, 21, reportedly had a history of trying to gain access to the White House and had been barred from the area. He is estimated to have fired 10 to 20 shots before being fatally shot by Secret Service agents on May 23. The suspect has been identified as Nasire Best.
Currently no active leak from failing chemical tank, California officials say
As of early Sunday, popular Southern California theme parks are expected to be open. The nearby Disneyland theme park is not in the evacuation zone and has been operating as normal. The site contains thousands of gallons of methyl methacrylate, a flammable substance used to make plastic. It is not known if the incident will lead to any further damage to the park.
Pope Leo Warns of Risks From A.I. in 42,300-Word Encyclical
Pope Leo XIV on Monday launched an impassioned call for regulation of Artificial Intelligence. He warned that “opaque algorithms,” controlled by a handful of powerful private companies, can bring “new forms of dehumanisation” Pope Leo ultimately prescribes the disarmament of AI, not as a means of “rejecting technology”
Pope Leo Has Released an Encyclical About A.I. Why Is That Important?
Vatican warns against use of artificial intelligence in the church. Pope Leo warns against the use of AI in the Church. He says it is not an endorsement, prize, or reward for its use. He also warns against its use in the U.S.-Israel War on Iran, where AI is being used.
The Russian military has been able to adapt its tactics to the current situation. The Russian military can’t exploit the weakness in the Ukrainian military’s ability to defend itself. The military is losing ground in the battle for control of the Crimea, which is now in the hands of pro-Russian forces.
Grizz Chapman, actor who played Grizz in 30 Rock, dies aged 52
Grizz Chapman, who was known for his role in NBC’s comedy series “30 Rock,” died Friday at the age of 52. Chapman previously underwent a kidney transplant in July 2010, The Blast reports. ‘30 Rock’ Star Grizz Chapman Was ‘Struggling To Stay Alive’ Before Death first appeared on The Blast.
Weather tracker: flash floods in New York and a heat dome in Europe
Large parts of Brooklyn and Queens received about 2in (50mm) of rainfall in as little as 20 minutes. Officials said the deluge caused water to flow into the sewer system at a rate of up to 6in an hour. Residents and commuters found themselves wading knee-deep through flood water. The downpours were part of a series of storms affecting New Jersey and New York states.
Police Investigation of Former Prince Andrew Examines Reports of Sexual Misconduct
Police are investigating allegations that Mr Mountbatten-Windsor passed sensitive information to Epstein while working as a UK trade envoy from 2001 to 2011. Thames Valley Police (TVP) are understood to be looking into the allegation. Detectives are also working their way through a list of key witnesses, including former Cabinet ministers, royal officials and senior civil servants.
Iranian Officials Say Proposed Peace Deal Would Open Strait of Hormuz
The official said there are lots of players passing paper around and there is a lot of inaccurate information. He did not say what else would be included in an agreement. No final decision on strikes had been reached as of Friday afternoon, the official said. For confidential support call the Samaritans on 08457 90 90 90, visit a local Samaritans branch or see www.samaritans.org.
These Are 5 of the Main Issues to Be Resolved in an Iran-U.S. Peace Deal
US President Donald Trump said in an early morning social media post on Monday that the yet-to-be-unveiled deal will be “the exact opposite.” The Obama-era Joint Comprehensive Plan of Action (JCPOA) capped Iran’s uranium enrichment for 15 years and facilitated UN-led inspections.
Israeli Leader Says He and Trump Agree On Blocking an Iranian Nuclear Weapon
Iran disputes President Trump's earlier contention that a proposed peace deal would involve the full reopening of the Strait of Hormuz. Sources familiar with the negotiations told CBS News that the latest proposal includes a process to reopen the Strait and unfreezing of some Iranian assets held in foreign banks. A finalized agreement would also include Iran reopening the Strait in exchange for the U.S. lifting its blockades.
A deal with the U.S. would be preliminary and focused on ending war, an Iranian official says.
U.S. and Iran reach agreement to reopen the Strait of Hormuz. The waterway is a key route for oil exports from the Middle East to the West. The deal also includes Iran's commitment to dispose of its stockpile of highly-enriched uranium. The agreement is part of a larger deal to end tensions between the two countries.
Rubio Says Details on Iran Nuclear Program Still to Be Negotiated
Brent crude futures settled at a little over $100 a barrel on Friday. Traders have tried several times to test a new floor for crude, but it hasn’t settled below $94 a barrel since mid-March. The longer this peace lasts, and the more evidence that production is rebooting, the lower oil prices could go.
Rubio Says U.S.-India Ties Are Strong, Despite Fury Over Trump’s Actions
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What to Know About the Potential U.S.-Iran Peace Deal
Iran says it's not seeking to collect tolls in the Strait of Hormuz. But it says a new system it's creating with Oman will have costs to cover. The strait had been free and open to all vessels prior to the U.S. and Israel's war on Iran.
Iran Agreed to Give Up Enriched Uranium in Deal Announced by Trump, U.S. Officials Say
Rubio says "significant progress, although not final progress, has been made" in talks with Iran. U.S. still waiting for Iran to respond to latest terms for a potential peace deal, Rubio says. "A world that no longer has to be in fear or worry about an Iranian nuclear weapon," he says.
Many Questions, Few Details in Latest Iran Peace Proposal
Rubio: Negotiations between US and Iran "still a work in progress" Secretary of State Marco Rubio said "significant progress" had been made in discussions with Iran. Rubio: U.S. still waiting for Iran to respond to the Trump administration's latest terms for a potential peace deal, which were conveyed this week via Pakistani mediators.
In West Bank, Latest Victim of Israeli Settler Violence Shocks in a New Way
A neighbor of the Abu Rejalahs' who lives closer to the settlers' outpost discovered a dead donkey hanging from one of his olive trees. The donkey had been chained to an olive tree to keep her in the shade on a hot afternoon. The dog's owners, a Palestinian family in the village of Atara, recorded the incident.