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On June 12, SAMR director Luo Wen met visiting Mongolian Deputy Prime Minister Nomtoibayar to discuss cooperation on metrology, standardization and conformity assessment. Both sides agreed to advance legal metrology cooperation, coordinate standards

2026-06-15

On June 12, SAMR director Luo Wen met visiting Mongolian Deputy Prime Minister Nomtoibayar to discuss cooperation on metrology, standardization and conformity assessment. Both sides agreed to advance legal metrology cooperation, coordinate standards for key traded goods, phase in mutual recognition of conformity assessment, and run proficiency testing and personnel training to facilitate bilateral trade. They signed a metrology cooperation action plan; relevant SAMR department officials attended.

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2026-06-15

Iran's foreign ministry said the foreign ministers of Iran, Turkey, Iraq and Egypt they stressed will continue close consultations and cooperation on regional developments and urged stronger diplomatic efforts to preserve peace and stability.

Iran's foreign ministry said the foreign ministers of Iran, Turkey, Iraq and Egypt they stressed will continue close consultations and cooperation on regional developments and urged stronger diplomatic efforts to preserve peace and stability.
2026-06-15

Rapidan Energy president Bob McNally warned that even if the Strait of Hormuz reopens soon, oil prices could remain high into September and US consumers should prepare for sustained summer fuel costs. He said market shock absorbers, including the US

Rapidan Energy president Bob McNally warned that even if the Strait of Hormuz reopens soon, oil prices could remain high into September and US consumers should prepare for sustained summer fuel costs. He said market shock absorbers, including the US Strategic Petroleum Reserve, are being rapidly drawn down; EIA data show oil supplies fell by 7.9 mln barrels in the week to June 5. McNally cautioned that absent a durable US‑Iran agreement, oil could spike to around $115/bbl and US gasoline prices could reach about $5/gal, and he estimated the conflict has cost more than 1 bln barrels of oil. The Strait of Hormuz carries roughly one‑fifth of global oil flows; its reopening is viewed as key to ending the largest recorded oil disruption.
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