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|---|---|---|---|---|---|
ReutersYou | 32 | 6 | -79% | 64 | 55 |
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Planned US-Iran peace talks in Switzerland were cancelled after VP Vance withdrew and Iran cited Israeli attacks on Hezbollah in Lebanon as reason for postponement.
IEA forecasts UAE oil production to reach 5.2M bpd in 2027, driven by OPEC exit, ADNOC expansion, and Hormuz bypass infrastructure development.
U.S. fertilizer imports from Middle Eastern ports affected by Strait of Hormuz closure fell to zero in May, causing 44% year-on-year decline in crop nutrient imports due to Iran conflict.
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