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OilPrice.com47d05/25

Rubio Plays Down Imminent U.S.-Iran Deal

The U.S. will deal with Iran “another way” if it does not reach a good deal with the Islamic Republic, U.S. Secretary of State Marco Rubio said on Monday, playing down hopes that an agreement is imminent. Following signals from Washington during the weekend that the U.S. and Iran could be nearing a framework agreement, oil prices plunged on Monday in Asian trade, with Brent Crude prices slipping below the $100 per barrel mark. However, losses were being contained at about 3-4% in the morning in

◇ unclassifiedmiddle-east · russia · usa
South China Morning Post Business47d05/25

Philippine rescuers race to free workers trapped after hotel collapse

Philippine rescuers were racing against time on Monday in a search for possible signs of life more than 24 hours after the collapse of a building under construction in the city of Angeles, with crews carefully removing rocks and surrounding debris by hand. The painstaking manual operation around 80 km (50 miles) north of the capital Manila underscored the difficulty of the rescue effort, ‌carried out under scorching heat, with authorities unable to rely on excavators and other machinery for fear

◇ unclassifiedchina · asia
South China Morning Post Business47d05/25

China boosts services for migrant workers to spur consumption

China will improve access to healthcare, education and other public services for the nation’s 357 million-plus migrant workers, potentially boosting urban living standards and stimulating consumer spending. Local governments will end their restrictions on employee social security and expand access to public schools for the children of migrants, according to an announcement on Friday by the State Council, China’s cabinet. They will also remove bureaucratic restrictions affecting migrant residents

◇ unclassifiedchina · asia · usa
South China Morning Post Business47d05/25⚠ war-conflict · 2/5

UAE deports Pakistani Shiites: jobs lost and savings frozen amid Iran war

In a cluster of villages in Pakistan’s largely ⁠rural Chakwal district, more than 100 Shiite Muslims have returned from the United Arab Emirates without jobs, luggage or access to the savings they spent years building abroad. They are among potentially thousands of Shi’ites deported from the UAE to Pakistan during the Iran war, raising alarm in Pakistan’s Shiite community and prompting Human Rights Watch to investigate. Journalists reviewed immigration documents, visa-status screenshots and...

◇ unclassifiedchina · asia · usa
South China Morning Post Business47d05/25

China to give every humanoid robot a digital ID in push to boost industry standards

China is looking to give every humanoid manufactured in the country a digital identity, as it seeks promote growth in the rapidly growing sector through establishing industry standards and strengthening regulation. The country launched a national initiative on Friday, dubbed the Humanoid Full Lifecycle Management Service Platform, to assign human-shaped and artificial intelligence-driven bipedal robots unique codes. The numbers will then be used to track the robots throughout their lifecycle,...

◇ unclassifiedchina · asia · usa
South China Morning Post Business47d05/25

Search in flooded cave for 7 gold-mining villagers in Laos enters sixth day

The desperate search for seven villagers in Laos prospecting for gold who became trapped deep inside a flooded cave entered a sixth day on Monday, with the incident highlighting how surging prices have sparked a rush for the precious metal despite risks in unstable hillside mines. Thai cave rescue teams have joined the mission at the cave in central Xaysomboun province, posting harrowing images on social media of the conditions, which include crawling through a flooded, narrow tunnel leading to.

◇ unclassifiedchina · asia
Reddit r/Finanzen48d05/25

Reihenhaus Top-Lage mit Erbpacht

Wie schätzt ihr dieses Reihenhaus ein? Ich habe mir ein Reihenhaus aus den 50ern angeschaut und fand die Kombination aus Lage, Zustand und Charakter ziemlich spannend, bin aber unsicher wegen der Erbpacht. Das ganze Ding ohne kaufnebenkosten sind 285k. Ich kann auch noch ein Gegenangebot machen. Eckdaten: Top Lage Reihenhaus Baujahr 1957 ca. 101 m² Wohnfläche + großer Keller Energieklasse C Gasverbrauch zuletzt ca. 10.000–11.000 kWh/Jahr eingewachsener Garten direkt an viel Grün/Wald sehr ruhige

Social◇ unclassifiedgermany · europe · uk
OilPrice.com48d05/25⚠ shipping-routes · 3/5

India Raises Fuel Prices for Fourth Time as Oil Crisis Hits Consumers

India’s state-owned energy majors that trade in fuels raised prices at the pump for the fourth time in the space of a month, reflecting the continued effect of the Strait of Hormuz closure on oil and fuel flows. The cumulative price hike since the start of the month comes in at 8.6% for diesel fuel, Reuters reported today, and 7.8% for gasoline. The first fuel price hike took place in Mid-May, with refiners including Indian Oil Corp., Bharat Petroleum Corp, and Hindustan Petroleum Corp. hiking t

◇ unclassifiedmiddle-east · russia · usa
South China Morning Post Business48d05/25⚠ war-conflict · 3/5

China lifts peacekeeping budget share amid warnings bodies like UN may be sidelined

China was the second-largest financial contributor to the UN peacekeeping mission after the US last year, with its share rising “substantially” as geopolitical tensions increasingly paralysed multilateral peace operations, according to a Swedish think tank. In a report on multilateral peace operations in 2025 released on Monday, the Stockholm International Peace Research Institute (SIPRI) said that 78,633 international personnel had been deployed with UN peace operations by December 31 – some 49

◇ unclassifiedchina · asia · usa
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