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Market news: Israel and Lebanon will hold talks this week to discuss transferring relevant areas to the control of the Lebanese army.

2026-06-22

Market news: Israel and Lebanon will hold talks this week to discuss transferring relevant areas to the control of the Lebanese army.

Other News
2026-06-22

Iraq’s deputy minister for upstream affairs said Baghdad plans to gradually restore crude output to 4.2–4.3 mln bpd. ANZ expects an initial recovery in the first four weeks of roughly 2.0–3.0 mln bpd. Recovery remains uncertain: ANZ sees a possible 2

Iraq’s deputy minister for upstream affairs said Baghdad plans to gradually restore crude output to 4.2–4.3 mln bpd. ANZ expects an initial recovery in the first four weeks of roughly 2.0–3.0 mln bpd. Recovery remains uncertain: ANZ sees a possible 2.0–3.5 mln bpd restoration by Q3 2026, conditional on market stability, while a further 1.0–2.0 mln bpd of supply could be permanently or semi-permanently lost. ANZ added early gains will come mainly from logistics (transport), not production; later output depends on upstream wells and refinery restarts. Full restoration is unlikely this year.
2026-06-22

Germany’s defense minister Boris Pistorius said President Trump bears responsibility for the closure of the Strait of Hormuz, adding that “ultimately the plug in this bottleneck was pushed in by Trump, not us, but we have an interest in pulling it ba

Germany’s defense minister Boris Pistorius said President Trump bears responsibility for the closure of the Strait of Hormuz, adding that “ultimately the plug in this bottleneck was pushed in by Trump, not us, but we have an interest in pulling it back out.” He said Iran had earlier agreed under a preliminary deal signed by Trump and Iranian president Pezeshkian to reopen the waterway and shipping flows had begun to resume, but Iran said it on Saturday had closed the route citing Israeli strikes in Lebanon. Pistorius said keeping the Strait open, or ensuring safe passage, is in Europe’s energy-security and economic-recovery interest.
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