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CITIGROUP said on Thursday it expects oil to trend lower over the next 6–12 months and reach $60–65/bbl by Q1 2027, citing a US‑Iran memorandum to end their conflict that would normalize shipments through the Strait of Hormuz. The bank added that res

2026-06-19

CITIGROUP said on Thursday it expects oil to trend lower over the next 6–12 months and reach $60–65/bbl by Q1 2027, citing a US‑Iran memorandum to end their conflict that would normalize shipments through the Strait of Hormuz. The bank added that restoring and normalizing flows via the strait would, over time, "re-anchor prices to weaker fundamentals." Oil slid on Thursday to its lowest level since the Feb. 28 outbreak of war; analysts say exports through the strait, about one-fifth of global supply, could return to normal in the coming months.

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2026-06-18

China's Ministry of Industry and Information Technology has opened public consultation on 48 telecom industry standards, including the 5G mobile communication network core network function test methods (Phase III), and on 10 foreign-language versions

China's Ministry of Industry and Information Technology has opened public consultation on 48 telecom industry standards, including the 5G mobile communication network core network function test methods (Phase III), and on 10 foreign-language versions of telecom standards for approval.
2026-06-18

Bank Indonesia governor: global uncertainty from the Middle East war remains high even if the US and Iran reach an agreement.

Bank Indonesia governor: global uncertainty from the Middle East war remains high even if the US and Iran reach an agreement.
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