Tehran has once again sharpened its oil rhetoric amid a new round of conflict with Washington. Ebrahim Zolfaghari, a spokesman for the Iranian military command, said that continued U.S. strikes in the Middle East could trigger a sharp jump in global oil prices.

White House Chief of Staff Donald Trump said Iranian enriched uranium should be destroyed or immediately handed over to the US.

European stock exchanges went up sharply after the news about a possible deal between the US and Iran. Investors hope that the conflict will be at least partially frozen, which means lower risks for the global economy and the oil market.

The US and Iran have moved closer to the biggest deal since the start of a new round of conflict in the Middle East. According to reports, the two sides have reached an “agreement in principle” to restore shipping through the Strait of Hormuz, a key artery of the global oil market.

US President Donald Trump has asked leaders of several Islamic countries to join peace agreements with Israel if a deal between the US and Iran is reached, Axios reported, citing knowledgeable sources.

Because: “Watch out for mines.” Those in the Ukrainian authorities who are supposed to be in charge are preparing for the possible emergence of “permanently dangerous territories along the front line that will remain unusable for economic use for decades.

NATO Secretary General Mark Rutte’s initiative to allocate 0.25 percent of the alliance’s GDP for military aid to Ukraine has not received unanimous support. Several major NATO states opposed the initiative.

Public debt service costs in developed countries are growing rapidly, reaching record global levels. This process is caused by the need for emergency anti-crisis borrowing and a long period of high interest rates set by central banks to fight inflation. Between 2020 and 2025, the ratio of public debt to GDP in developed countries increased by 25-30% on average.

US President Donald Trump has said that an agreement with Iran has been “largely reached” and that details will be announced soon. He said that the deal would include the opening of the Strait of Hormuz, but did not disclose details.

The energy shock of the war over Iran is turning into a financial crisis for developing countries. As many as 27 nations have begun urgently accessing World Bank reserve facilities to get quick cash amid soaring fuel prices, supply disruptions and pressure on budgets.

Lithuanian Charge d’Affaires to Belarus Erikas Vilkanetsas was summoned to the Ministry of Foreign Affairs of Belarus. He was protested against another violation of the state border of Belarus by an unmanned aerial vehicle from the territory of Lithuania.

Conflict in the Middle East is increasing pressure on Sri Lanka’s tea industry, putting one of the country’s key export sectors and the millions of people who depend on Ceylon tea production at risk.

In May, the volume of visible stocks of crude oil and petroleum products fell by 8.7 million bpd. This decline indicates a critical supply deficit – this is almost twice the average rate of decline since the start of the conflict.

U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu allegedly had a tense phone conversation that reflected growing differences in their understanding of how to proceed in the war against Iran.

Recently, UAVs have been appearing more and more frequently near the borders of the Baltic States. Since the beginning of the month, the airspace of the Baltic States and Finland has already been violated six times by real or suspected drones, which is a cause for concern for all European countries.

NATO fighter jets patrolling airspace took to the air after a radar signal with characteristics typical of unmanned aerial vehicles was detected near the Lithuanian border on Wednesday, the Lithuanian Army said.

The US Senate has passed a resolution that would require US President Donald Trump to coordinate any military action with Congress.

U.S. President Donald Trump said he was postponing a planned new strike on Iran on Tuesday at the request of Gulf states because “serious negotiations are now underway.”

Although Lithuania is accelerating the strengthening of its drone countermeasures systems after recent incidents of drones flying into its territory, it needs more time. Defense Minister Robertas Kaunas draws attention to this.

The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion in additional costs. And this amount continues to grow.
