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Trump says U.S. in ‘deep’negotiations with Iran

JERUSALEM | Xinhua | U.S. President Donald Trump told Israeli media Channel 12 on Sunday that the United States is engaged in “deep” negotiations with Iran to secure a ceasefire, while stressing that Washington will not “leave in the middle” of the conflict. Trump said his administration is maintaining contacts …

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OPEC+ to ramp up oil output in May amid global energy crisis

VIENNA | Xinhua |  The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, on Sunday decided to increase oil output by 206,000 barrels per day in May, according to an OPEC statement. The decision was announced following a virtual meeting attended by Saudi Arabia, Russia, …

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What to know about the U.S. Artemis II Moon mission

LOS ANGELES | Xinhua | NASA’s Artemis II Moon mission lifted off Wednesday from the U.S. state of Florida, carrying four astronauts on the first crewed flight around the Moon in more than 50 years. The Space Launch System rocket, with the Orion spacecraft on top, launched from NASA’s Kennedy …

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Iran rejects U.S. proposal for 48-hour ceasefire

TEHRAN, IRAN | Xinhua | Iran has rejected a U.S. proposal for a 48-hour ceasefire, the semi-official Fars news agency reported on Friday. The proposal was delivered to Iran through a “friendly” country on Thursday, Fars quoted an informed source as saying. The source added that Washington has stepped up …

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How escalation in Middle East spills over, impacts global economy

BEIJING, CHINA | Xinhua | With U.S.-Israel joint military strikes on Iran entering the fifth week with no clear path to resolution, the economic aftershocks are spreading far beyond the Middle East. What began as a geopolitical flashpoint has evolved into a systemic economic shock, reverberating through energy markets, industrial …

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