India raises fuel 3 rupees; bigger hikes likely
India fuel prices rose by 3 rupees a litre on May 15, starting a reset as high crude and a US waiver expiry on May 16 may force larger increases soon.
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Putin visits China May 19-20, one day after Trump's Beijing visit. Leaders will sign a joint declaration; expect trade and energy agreements to follow.
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Zambia rejected a US plan tying more than $1-billion in health aid to mineral access and data sharing, saying the two agreements must be kept separate.
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U.S. Treasury warns shipping firms they risk sanctions for paying Iran for guarantees of safe passage through the Strait of Hormuz. Payments in cash, crypto or donations could trigger penalties.
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Italy halted its defence pact renewal with Israel after warning shots at Italian UN peacekeepers in Lebanon, prompting protests and diplomatic concern.
Video of an attack on a nun in Jerusalem prompted Greek Orthodox leaders to warn of rising attacks on Christians. Israeli police arrested a suspect.
Iran war supply chains shift as threats to the Strait of Hormuz force reroutes, raise energy costs, reshape markets and spur costly shipping investments.