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Interfax reports US presidential envoy Witkoff and Trump son‑in‑law Kushner are not expected to visit Russia in the near term.

2026-06-05

Interfax reports US presidential envoy Witkoff and Trump son‑in‑law Kushner are not expected to visit Russia in the near term.

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2026-06-05

Toyota has stopped development of the Lexus LF-ZC battery EV, which had been slated for series production at its Tahara plant in Japan. The model was due to enter production in late-2026, was pushed to mid-2027, and is now suspended. Toyota China say

Toyota has stopped development of the Lexus LF-ZC battery EV, which had been slated for series production at its Tahara plant in Japan. The model was due to enter production in late-2026, was pushed to mid-2027, and is now suspended. Toyota China says the halt reflects changing market demand and broader vehicle program adjustments and does not mean the company is abandoning BEVs. Industry observers cite recent policy shifts — including the removal of the $7,500 US federal EV tax credit and the EU’s rollback of its effective 2035 ICE-sales ban — and intensifying competition from Chinese EV brands, which have a competitive edge over Japanese automakers in new-energy vehicles.
2026-06-05

A report indicates that the risk of oil prices rising to $100 a barrel and remaining there until 2028 is increasing in the UK, given the further deterioration of the situation in Iran.

A report indicates that the risk of oil prices rising to $100 a barrel and remaining there until 2028 is increasing in the UK, given the further deterioration of the situation in Iran.
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