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Brent crude oil price chart showing sharp rise to $100.886 amid Iran's threat to block Strait of Hormuz

Brent Crude Holds at $96: Iran Threatens US with Strait of Hormuz Blockade

Economy 06/01/2026, 20:10
Brent crude is trading in the range of $93–$96 against the backdrop of Iran's threat to block the Strait of Hormuz. Tehran has ceased diplomatic exchanges with the US, which caused a price spike of 5–7% in a day. Analysts from J.P. Morgan and the World Bank warn: further dynamics depend on the stability of supplies through the strait. ⚠️📉🛢️
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Kyrylo Budanov, head of Ukraine's GUR, confirms Kyiv's goal to end the war before winter

Budanov confirms: Kyiv aims to end the war before winter

Politics 06/01/2026, 19:57
Kyrylo Budanov, Head of the Office of the President of Ukraine, confirmed that Kyiv's main goal is to cease hostilities before winter. The official called this task realistic and noted that the timelines may be linked to upcoming elections in the US and a surge in diplomacy 🇺🇸🇺🇦.
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Friedrich Merz, leader of the CDU, in front of the German and European flags, discussing Europe's strategy ahead of the NATO summit

Merz vs. Trump: Europe Unites Ahead of NATO Summit

Politics 06/01/2026, 19:14
Chancellor Merz is gathering European leaders in Berlin to develop a unified strategy in the face of challenges from the Trump administration. Against the backdrop of the threat of troop withdrawal from Germany and disagreements over Iran, allies are preparing to take full responsibility for the defense of the continent. 🇪🇺🇺🇸⚔️
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