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Germany has confirmed that it has agreed to terminate the Future Combat Air System (FCAS) joint fighter jet project.
2026-06-08
Germany has confirmed that it has agreed to terminate the Future Combat Air System (FCAS) joint fighter jet project.
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2026-06-09
Israeli government agency COGAT said it will reopen the Kerem Shalom crossing from Tuesday to allow humanitarian aid to be gradually delivered to the Gaza Strip. The Rafah crossing will reopen to permit limited two-way movement of people.
Israeli government agency COGAT said it will reopen the Kerem Shalom crossing from Tuesday to allow humanitarian aid to be gradually delivered to the Gaza Strip. The Rafah crossing will reopen to permit limited two-way movement of people.
2026-06-08
Saudi Aramco cut the official selling price for Arabian Light shipments to Asia by $6/bbl for July, the second monthly reduction, lowering the premium to $9.50/bbl over the Oman/Dubai average—wider than the $5/bbl cut refiners and traders had expecte
Saudi Aramco cut the official selling price for Arabian Light shipments to Asia by $6/bbl for July, the second monthly reduction, lowering the premium to $9.50/bbl over the Oman/Dubai average—wider than the $5/bbl cut refiners and traders had expected. Despite the cut, the Asia premium remains near multi-decade highs. Global oil flows continue to be disrupted as US-Iran talks to extend a ceasefire have stalled and the Strait of Hormuz remains closed; tankers trapped inside the Persian Gulf are blocking re-entry of empty ships, prompting large Middle East output cuts, field shutdowns and refinery slowdowns or stoppages.
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