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Opec+ ministers look increasingly likely to agree to extend the group's current crude oil supply cuts into the second half of the year when they meet virtually on 2 June. But as ever, when it comes to this iteration of Opec+, an added surprise should never be ruled out.
Yemen-based Houthi militants launched five anti-ship ballistic missiles in the Red Sea on 28 May, with three striking the Greek-owned and operated bulk carrier <i>Laax</i>, US Central Command (Centcom) said today.
Iran will hold a presidential election on 28 June to choose a successor to Ebrahim Raisi, who was killed in a helicopter crash on 19 May.
All eyes are now on what comes next for the Middle Eastern power, which is home to nearly 90 million people and backs a number of regional proxy groups.
Iran's president Ebrahim Raisi has died in a helicopter crash alongside his foreign minister Hossein Amir-Abdollahian, state media reported early today.