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25d06/17war-conflict · 2/5

Peace Deal On Paper, Drones In Air: IRGC Accused Of Targeting Commercial Ships in Hormuz

Iranian drones targeted commercial ships in the Strait of Hormuz just days after a US-Iran peace framework was agreed. The IRGC reportedly launched multiple drones, which were intercepted before they could threaten vessels or US assets in the region. The incident raises fresh concerns about the stability of the fragile peace process. submitted by /u/Aware_Apartment_8959 [link] [comments]

Socialunclassifiediran
25d06/17

US Crude Oil, Gasoline Inventories Still Falling: EIA

Crude oil inventories in the United States decreased by 8.3 million barrels during the week ending June 12, according to new data from the U.S. Energy Information Administration (EIA) released on Wednesday. The decrease brings commercial stockpiles to 418.2 million barrels, according to government data, which is now 6% below the five-year average for this time of year. The EIA’s data release follows API’s figures that were released a day earlier, which reported that crude oil inventories saw a d

unclassifiedmiddle-east · russia · usa
25d06/17war-conflict · 3/5

Lebanon peace talks with Israel ‘independent’ of US-Iran deal: Aoun

Lebanese President Joseph Aoun said on Wednesday that his country’s negotiations with Israel in Washington were independent of the US-Iran deal to bring an end to the Middle East conflict. Lebanon and Israel have been holding direct talks in Washington since April, seeking to end the hostilities between Israel and Hezbollah and separate their conflict from the wider regional war. But the announcement on Monday of the US-Iran deal, which Iran and mediator Pakistan say includes Lebanon, has...

unclassifiedchina · asia · usa
25d06/17war-conflict · 3/5

Can China-US breadbasket diplomacy sidestep tension over American’s arrest?

Officials from key US farm-belt states joined their Chinese provincial counterparts on Tuesday in a cooperation dialogue, the latest pivot towards closer engagement following President Donald Trump’s visit to Beijing and ahead of the critical US midterm elections. The major subnational dialogue – co-hosted by the Henan provincial government in central China and the Chinese People’s Association for Friendship with Foreign Countries – took place under a cloud, with the US State Department issuing.

unclassifiedchina · asia · usa
25d06/17war-conflict · 3/5

Trump Signals Renewed Focus on Ukraine After Iran Deal Breakthrough

US President Donald Trump held a "very good meeting" with his Ukrainian counterpart, Volodymyr Zelenskyy, at the G7 summit in France, he told journalists on June 16, adding that "Russia should make a deal" while hinting that Europe's largest conflict since World War II might be moving up his priority list. US efforts to broker peace in the conflict that has raged since Russia's full-scale invasion of Ukraine in 2022 have largely stalled in recent months, particularly since US and Israeli air str

unclassifiedmiddle-east · russia · usa
25d06/17war-conflict · 3/5

‘Not final’: Trump flips again on Iran deal, plans press conference in France

US President Donald Trump said on Wednesday that the recently announced framework with Iran remained a work in progress rather than a finalised agreement, indicating that negotiations were still ongoing. He warned that if he was dissatisfied with the final terms, the situation could rapidly deteriorate and potentially return to active military conflict. “The text is not final; it’s a memorandum of understanding. If I don’t like it, we’ll go back to shooting at them, dropping bombs,” he said on..

unclassifiedchina · asia · iran
25d06/17sanctions · 3/5

Chinese chip-equipment maker CFMEE targets US$410 million in Hong Kong IPO

Chinese lithography and integrated circuit manufacturer Circuit Fabology Microelectronics Equipment (CFMEE) is set to launch a Hong Kong listing next week, as China continues its drive for semiconductor self-sufficiency amid US sanctions. The company, based in Hefei, Anhui province, said on Wednesday that it would offer more than 12.8 million H shares globally at a price range of HK$240.09 to HK$252.73 apiece, raising up to HK$3.2 billion (US$410 million). The offer period will run until next...

unclassifiedchina · asia
25d06/17war-conflict · 2/5

Is the US warming up to Hong Kong? High-level meeting with business group signals shift

In a possible sign that Washington’s stance on Hong Kong is shifting, a senior US State Department official will meet a delegation of the American Chamber of Commerce in Hong Kong (AmCham HK), the South China Morning Post has learned. Speaking on condition of anonymity because they were not authorised to comment publicly, sources familiar with the matter said Michael DeSombre, US assistant secretary of state for East Asian and Pacific affairs, would meet the AmCham HK delegation, which is...

unclassifiedchina · asia · usa
25d06/17

Trump pauses spy chief hearing to secure pick for powerful prosecutor post

US President Donald Trump suspended a Senate hearing on Jay Clayton’s nomination for intelligence chief, saying on Wednesday he wanted to be sure Clayton’s current post as prosecutor would be filled by the man of his choosing. In a game of musical chairs, Trump picked Clayton, who headed the Securities and Exchange Commission during the president’s first term in office, as his director of national intelligence (DNI). Clayton has served as US attorney for the Southern District of New York – one..

unclassifiedchina · asia · usa
25d06/17

US Navy flexes soft power in ‘renewed pivot’ to Southeast Asia amid regional rivalry

The US Navy has launched its largest annual humanitarian mission in the Indo-Pacific with a renewed focus on Southeast Asia, in what analysts described as part of Washington’s effort to rebuild confidence and project soft power in a region central to its rivalry with China. Pacific Partnership 2026, the US Navy’s largest annual maritime humanitarian and civic assistance effort in the Indo-Pacific, began after US personnel departed San Diego on May 27 for a mission-coordinating hub in the...

unclassifiedchina · asia · usa
25d06/17sanctions · 3/5

China vows new legal shield that could counter US sanctions and protect finance

China has vowed to strengthen legal protections against unilateral sanctions, according to Vice-Premier He Lifeng, as Beijing moves to build a robust legal shield for its financial system and companies facing rising geopolitical risks. Addressing the Lujiazui Forum in Shanghai on Wednesday, He said China would incorporate blocking and countermeasure provisions into upcoming financial legislation and expand legal tools to counter what it considers to be improper extraterritorial sanctions. “We...

unclassifiedchina · asia
25d06/17war-conflict · 3/5

AI boom sparks Kingboard subsidiary’s US$1.5 billion stake sale to ramp up PCB capacity

Riding on a buoyant stock market for artificial intelligence hardware components, Kingboard Holdings plans to raise HK$11.77 billion (US$1.5 billion) by selling a stake in its listed subsidiary, Kingboard Laminates Holdings, one of the world’s biggest makers of laminate materials used in circuit boards for AI servers. The company said the proceeds would be used to expand business and production capacity to meet surging demand. The fundraising comes as AI server backlogs hit record highs at major

unclassifiedchina · asia
25d06/17

ETF Portfolio Advice: VWRA, VUAA, CSNDX

Hi everyone, I am building a long-term investment portfolio with Irish-domiciled ETFs. My current portfolio allocation is: VWRA: 46.4% VUAA: 35.4% CSNDX: 18.2% I know there is some overlap because VWRA already includes US stocks, while VUAA gives more S&P 500 exposure and CSNDX gives more Nasdaq/tech exposure. I am planning to add around 30% more money to my total portfolio. How would you suggest I invest the new amount? Should I keep adding to VWRA, VUAA, and CSNDX, or should I add another Iris

Socialunclassifiedusa
25d06/17

3 dead, no apology: US strike strains relations with India

For years, Washington described India as an indispensable partner, a democratic counterweight to China and a strategic anchor in the Indo-Pacific. Then the US Navy killed three Indian sailors and America’s top diplomat could not even bring himself to apologise. India’s External Affairs Minister S. Jaishankar raised the deaths directly with US Secretary of State Marco Rubio in a phone call last Friday, reiterating what he called India’s “strong protest” and declaring, in a later social media...

unclassifiedchina · asia · usa
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