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Iran says Switzerland four-way talks collapsed after US threats
Iran's foreign ministry says four-way talks in Switzerland with the US, Pakistan and Qatar failed to reconvene after threatening US statements, with later contact running only through mediators, giving Tehran's account of the round.
EU closes Russian oil 'refining loophole' but sanctions gaps remain - KSE
The EU's ban on petroleum products refined from Russian crude oil in third countries has sharply reduced the flow of Russian-linked fuel into Europe, but significant loopholes remain and products derived from Russian oil continue to reach the EU.
Mexico's Sheinbaum says she will skip Pemex-Petrobras agreement signing
Mexican President Claudia Sheinbaum said on June 19 she would not travel with the delegation from Petróleos Mexicanos (Pemex) set to formalise a legal collaboration agreement with Petróleo Brasileiro SA (Petrobras) this week.
Europe's heat map is turning red due to annual heatwaves - IPCC
Villages in northern France have been sweltering this week as temperatures topped a record breaking 43°C in what is already clearly going to be the fourth hottest year in recorded history.
Iran, Tajikistan hold oil supply talks to cement energy ties
Iran and Tajikistan have held high-level talks in Tehran on expanding cooperation in oil and petroleum products trade, with discussions focusing on meeting part of Tajikistan’s energy needs and boosting economic ties.
Romania adds more than 10,000 rooftop solar prosumers a month
Romania had 332,684 prosumers connected to the electricity grid as of April 30, with a combined installed capacity of 3,789 MW, according to energy regulator ANRE.
First major equipment arrives for Kazakhstan’s $7.7bn polyethylene plant
The first batch of large-scale equipment for Kazakhstan’s polyethylene plant under construction in Atyrau Region has reportedly arrived in the country.
India's core industries index slows
Three US solar producers dispute South Korean imports
Three solar panel manufacturers requested US trade officials launch an inquiry into solar cell imports from South Korea.
South Korea urges Taihan indictments over tech theft
South Korea’s police recommended indicting 13 individuals, including four Taihan Cable & Solution executives, for stealing national core technology from rival LS Cable & System, the Gyeonggi Nambu Provincial Police Agency reported on June 23.
COMMENT: Iran war shows why Asia must quit fossil fuels
Across Asia, governments are now accelerating approvals for renewable projects and grid modernisation schemes. Battery storage investments are making headlines almost daily.
Pakistan’s LNG imports rebound with seventh Qatari cargo since April
Pakistan has received another liquefied natural gas (LNG) shipment from Qatar, taking the total number of cargoes delivered to the country since the start of April to seven.
Venezuelan oil exports nearly double as US remains top buyer
Venezuela’s seaborne crude exports have surged this year, with shipments rising 144% between January and mid-June as demand from the United States, India and the Bahamas helped drive a sustained recovery in the country’s oil trade
Oil revenue windfall raises transparency questions in Venezuela
Venezuela is on track to receive an estimated $35bn in oil export revenue this year, a sharp increase from 2025, but questions are mounting over how those funds are being managed and why the influx has yet to translate into broader economic relief
India’s Russian oil imports set for record high in June
India’s purchases of Russian crude oil are on course to reach an all-time monthly high in June, as refiners increase procurement of discounted barrels amid supply uncertainties linked to tensions in West Asia.
Sharjah oil and product terminal expanded
Regal Petro Trading FZE has completed a significant expansion of its oil storage terminal in Sharjah’s Hamriyah Free Zone
US eases Iran oil sanctions, price on Brent crude drops over 3.5%
The United States has partially lifted sanctions on Iranian oil exports following what officials have described as encouraging progress in negotiations aimed at ending hostilities between Washington and Tehran.
Turkey’s foreign minister meets Trump’s co-in-law 'fixer' in Cairo
Lebanese-born billionaire Massad Boulos is a man with a unique portfolio. He serves as US senior advisor for Arab and African affairs. His son is married to Tiffany Trump.
Iran installs platform at offshore Reshadat oilfield
Iran has set up a colossal oil processing platform at the Reshadat oil field in the Persian Gulf, a move expected to significantly expand offshore production capacity and step up development at one of the country’s most important energy assets.
Iran says progress made on oil waivers in first round of talks with US
Iran said “favourable progress” had been achieved on issuing waivers for the sale of crude oil and petroleum products during the first day of negotiations with the United States following the signing of a peace memorandum last week.
Brazil’s Petrobras orders four tankers in fleet expansion
Brazil’s state-controlled oil company Petrobras has contracted the construction of four medium-range oil tankers at Estaleiro Rio Grande shipyard in a deal worth $427mn.
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