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China's quiet role in Middle East peace talks gains attention

In this photo released by Xinhua News Agency, Ali Shamkhani, then secretary of Iran’s Supreme National Security Council, right, shakes hands with Saudi national security adviser Musaad bin Mohammed al-Aiban, left, as Wang Yi, China’s most senior diplomat, looks on for a photo during a closed meeting held in Beijing,…

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Seoul stocks set fresh record high on tech gains, U.S. ceasefire extension

SEOUL, April 23 (Yonhap) -- South Korean stocks closed at a fresh record high Thursday, approaching the 6,500-point level, as investors focused on corporate earnings following the United States' indefinite extension of its ceasefire in the conflict with Iran. The local currency fell against the U.S. dollar.

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S. Korean envoy urges Iran cooperation on Hormuz transit amid tensions

Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…

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Oil Conundrum: Record Inventory Draws And Stable Crude Prices

Something strange is taking place in oil. Crude prices have been remarkably stable over the last week, with Brent mostly trading in the high 90s on mixed prospects for the resolution of the over 7-week conflict in the Persian Gulf, despite signs to the contrary: the second round of talks between the US and Iran has …

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S. Korean special envoy meets Iran's foreign minister amid Middle East tensions

SEOUL, April 23 (Yonhap) -- South Korea's special envoy to Iran has met with Iranian Foreign Minister Abbas Araghchi in Tehran, an Iranian social media post showed Thursday, as Seoul seeks to ensure the safety of its vessels and seafarers stranded in the Strait of Hormuz amid Middle East tensions.

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