• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
October 20th - According to The Washington Post, officials revealed on Monday that the Trump administration has not yet approved the transfer of interceptor missiles to Ukraine to defend against Russian missile and drone attacks. This comes amid a period of increasingly friendly relations between Trump and Russia, coupled with escalating criticism of Ukraine. According to a U.S. official and three other sources familiar with the matter, at least some of the Patriot air defense system interceptors were originally provided by friendly nations to Ukraine, but the transfer requires approval from U.S. Defense Secretary Peter Hegseth. Because these weapons are U.S.-made, under foreign military sales agreements, the transfer of such weapons to third parties by other countries must be approved by the U.S. government; therefore, the U.S. retains final approval authority. A Ukrainian official revealed last week that Ukraines existing stockpile of interceptor missiles is reduced to only a handful. Officials stated that Hegseth has not formally rejected the transfer request, but the necessary approval procedures have not yet been completed. Meanwhile, he continues to approve some U.S. aid to Ukraine.Micro-Intelligence announced on the Hong Kong Stock Exchange that it plans to issue 37.27 million H shares for its Hong Kong listing, with an issue price range of HK$16.63/share to HK$21.46/share. Trading is expected to begin on the Hong Kong Stock Exchange on October 28.On October 20th, Qatari Deputy Prime Minister and Minister of State for Defense Abdulrahman Al Thani stated on the 19th that sustainable peace requires regional dialogue between the Gulf Cooperation Council (GCC) countries and Iran, with Pakistan and Turkey also participating, and consultations sought with international allies. The dialogue should be based on trust and non-aggression agreements, addressing the concerns of Iran and the GCC. Al Thani said that strong economic cooperation with Iran would serve as a "bridge to prevent any future conflicts in the region." He also stated that any uncertainty in the Strait of Hormuz or other straits would negatively impact global energy supplies and markets, ultimately affecting consumers.Yemen Conflict: 1. Deputy Governor of Shabwa Province, Yemen: Houthi rebels attacked the Alam military camp in the Jardan district of the province with ballistic missiles, causing approximately 40 casualties. 2. Houthi rebels: Attacked Saudi enemy forces gathered at the Alam military camp in eastern Jawf province, causing dozens of casualties. 3. Spokesperson for the Yemeni Armed Forces: Will continue to advance Operation Dawn in Yemen to retake state institutions. US-Iran Conflict: 1. The Iranian Revolutionary Guard stated that it has not yet fully utilized its capabilities to completely blockade the Strait of Hormuz, issued a warning regarding fiber optic cables in the strait, and hinted that the blockade could be extended to the Suez Canal. 2. Netanyahu issued an order to the military to "overthrow the Iranian regime." (Note: Netanyahu has consistently emphasized the need to overthrow the Iranian regime.) 3. Iranian Revolutionary Guard spokesman Mohbi: The United States has no capacity to launch a new round of conflict. However, the possibility of conflict with the United States cannot be ruled out. Iran is prepared, and if conflict occurs, the counterattack will be much more intense than before. Peace Talks: 1. Iranian media: Pakistani Army Chief of Staff Munir will visit Tehran on Tuesday. 2. Iranian Foreign Minister Araqchi: Tehran welcomes any solution that can guarantee regional security without external intervention. 3. Russian Foreign Minister Lavrov: Russia is willing to assist in diplomatic mediation between Iran and the US. The Yemen issue also needs to return to the negotiating table. The situation before the Middle East crisis must be returned, including the issue of freedom of navigation in the Strait of Hormuz. Other Developments: 1. Irans Persian Gulf Straits Authority: 122 vessels have been added to the list of violators. 2. An advisor to Irans Supreme Leader stated that claims that the Strait of Hormuz is open are baseless. 3. Iranian President: Iran has no fundamental differences with regional countries and is prepared to resolve existing issues through dialogue. 4. Iranian Foreign Minister Araqchi: The US is responsible for the insecurity and tensions in the Strait of Hormuz. Continued consultations and cooperation with Russia on international and regional issues; the Ukraine issue and the issues between Iran and the US must be resolved through negotiation, not war.On October 20, British Foreign Secretary David Miliband issued a statement on the 19th, warning businesses and individuals not to participate in bidding for Israeli construction projects in the E1 Jewish settlement in the West Bank.

Oil Is Close to A Two-month High Despite Global Supply Worries

Aria Thomas

May 27, 2022 09:45

O2.png


In the previous session, oil prices surged to a two-month high as investors focused on signs of a tightening global supply. In early Asian trade on Friday, oil prices retreated slightly as investors focused on indicators of a tightening worldwide supply.


In the meantime, a senior Hungarian aide stated that the country needs three and a half to four years to transition away from Russian crude and make massive expenditures to restructure its economy, and that it could not support the EU's proposed oil embargo until all difficulties were resolved.


This month, the European Commission suggested further penalties against Russia for its invasion of Ukraine, but stated that they require the support of all 27 bloc members. Hungary, which is landlocked and heavily dependent on Russian oil imports through a pipeline, has thus far banned these imports.


At 0:08 GMT, Brent crude futures declined 11 cents to $117.29 a barrel. WTI crude futures for delivery in July decreased by 19 cents to $113.90 a barrel.


Prices have increased by around 50 percent so far this year.


OPEC is expected to adhere to last year's oil production agreement at its June 2 meeting and hike July output objectives by 432,000 barrels per day, six OPEC sources told Reuters, rebuffing Western pleas for a more rapid increase to reduce soaring prices.