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OPEC+ extends deep oil production cuts into 2025
The drawdown expects to decrease as OPEC+ phases out 2.2 million bpd cuts from October
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Weak US gas demand clouds oil outlook
US gasoline market is flashing signs of weakness at the start of summer
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India heatwave kills at least 33, including election officials
Pakistan, India's sees a spike in forest fires as temperatures reach up to 52.2°C
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Ukraine and Russia announce major prisoner swap
Ukrainian President Volodymyr Zelenskiy said 75 Ukrainian prisoners had been returned from Russia
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Iran registers presidential candidates for early vote after Raisi's death
Raisi's sudden death has triggered a race among hardliners to influence the selection of Iran's next leader
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OpenAI sets up safety committee as it starts training new model
A committee will give recommendations to the board on safety and security decisions for OpenAI's projects
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US storms kill at least 21 across 4 states on Memorial Day weekend
Hundreds of thousands of Americans were without power due to the weather
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China sets up fund for semiconductor sector
Beijing could use advanced chips to boost its military capabilities
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US expected to lift ban on sale of offensive weapons to Saudi Arabia, FT reports
Saudi Arabia, the biggest US arms customer, has chafed under those restrictions from previous US administrations
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More than 10,000 people reach UK in small boats since January
Some 10,170 arrived between January and May 25, up from 7,395 over the same period last year