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2026/05/24
Important Only
  • 15:38:07

    On May 24, Iran's Tasnim News Agency revealed details of a potential memorandum of understanding between Iran and the United States, including an end to the war on all fronts, Washington's waiver of sanctions on Iranian oil during negotiations, and the restoration of the number of ships capable of navigating the Strait of Hormuz to pre-war levels within 30 days. The report stated that Iran has not yet accepted any action regarding its nuclear program and has set a 30-day deadline for procedures related to the Strait of Hormuz and a 60-day deadline for nuclear negotiations. Furthermore, some of Iran's frozen funds must be released in the first phase.

  • 15:35:28

    US Secretary of State Rubio: There may be good news about the Strait of Hormuz in the next few hours.

  • 15:32:05

    US Secretary of State Rubio: Reiterates that Iran must never possess nuclear weapons.

  • 15:31:25

    US Secretary of State Rubio: I think there may be more news about the situation in Iran today.

  • 15:31:12

    ECB Governing Council member Kohl: The ECB faces pressure to raise interest rates due to the war in Iran pushing up prices.

  • 15:24:54

    According to Saudi media outlet Alhadath, the Iranian president warned against spreading conflicting narratives about an agreement with the United States.

  • 14:57:00

    The Ukrainian Air Force claims that Russia used 600 drones and 90 missiles to attack Ukraine.

  • 14:51:38

    According to Ukrainian media citing an air force spokesperson, Russia launched a Hazel missile at the Kyiv region of Ukraine.

  • 14:26:13

    According to statistics from the Korea International Trade Association, South Korea's total crude oil imports in April amounted to 8.46 million tons, a 22.8% decrease year-on-year. Imports of Middle Eastern crude oil in April totaled 4.49 million tons, a 37.3% decrease year-on-year, accounting for 53.1% of total imports, a 12.1 percentage point decline from 65.2% in the same period last year. Saudi Arabia, South Korea's largest crude oil supplier, saw its crude oil supplies fall to 2.14 million tons in April, a 37.6% decrease year-on-year.

  • 13:52:28

    Ukrainian officials say the Russian attack killed four people in and around Kyiv.

  • 13:49:03

    On May 24, local time, Russian Foreign Ministry's Director-General of the Second Department for CIS Affairs, Polischuk, stated that Russia is prepared to present its own recommendations regarding the US's 27-point plan for resolving the Ukraine crisis during the next round of meetings. He did not disclose the specific content of the recommendations. Polischuk indicated that following the two rounds of trilateral talks in Abu Dhabi and Geneva, Russian experts, based on the outcomes of the talks, have formulated recommendations regarding the US's 27-point plan.

  • 13:15:29

    On May 24, Minister of Commerce Wang Wentao met with UNCTAD Acting Secretary-General Reno Mareno in Suzhou on May 23. Mareno was in China to attend the APEC Trade Ministers' Meeting. The two sides exchanged views on the global economic and trade situation and deepening practical cooperation. Wang Wentao emphasized that the 15th Five-Year Plan outlines a grand blueprint for China's future development and makes important arrangements for expanding high-level opening-up, upholding the multilateral trading system, and practicing genuine multilateralism. China is willing to work with all parties, including UNCTAD, to jointly promote the building and maintenance of a fair, just, open, inclusive, and win-win international economic and trade order.

  • 13:01:20

    According to Ukrainian media: Explosions have been heard again in Kyiv.

  • 12:04:25

    On May 24th, Mehdi Tajé, president of the Iranian Football Federation, announced on the 23rd that, with FIFA's approval, the Iranian national football team's training base for the World Cup would be moved from the United States to Mexico. In a statement released to the media by the Iranian Football Federation, Tajé said that due to difficulties obtaining visas, the Iranian national team requested FIFA to change its World Cup training base from Tucson, Arizona, to Tijuana, Mexico, and that preparations in Tijuana have been completed. Tijuana is located on the US-Mexico border, approximately 20 kilometers from San Diego, a city in Southern California.

  • 11:27:05

    May 24th - According to AXIOS, a US official revealed the main contents of the agreement that the US and Iran are about to sign. However, it remains unclear whether the agreement can lead to a lasting peace deal while also meeting Trump's nuclear demands. The US official stated that the White House hopes to resolve the final differences in the next few hours and announce the agreement on Sunday. However, this is not yet finalized. The official provided a detailed summary of the current draft, most of which has been confirmed by other sources close to the negotiations. Iran has not yet confirmed these details, but has also stated that an agreement is close to being reached. ① Main contents: The two sides will sign a memorandum of understanding, valid for 60 days, which can be extended by mutual agreement. During the 60-day period, the Strait of Hormuz will be open without tolls, and Iran agrees to clear its mines deployed in the strait to allow free passage for ships. In exchange, the US will lift the blockade on Iranian ports and issue some sanctions waivers, allowing Iran to freely sell oil. Iran hopes for an immediate unfreezing of funds and a permanent lifting of sanctions, but the US has stated that this will only be achieved after concrete concessions are made. ② Nuclear issue still pending negotiation: The US official stated that the draft memorandum of understanding includes Iran's commitment to never seek nuclear weapons and negotiations on suspending its uranium enrichment program and clearing its stockpile of highly enriched uranium. Two sources familiar with the matter said that Iran, through mediators, verbally promised the US the range of concessions it was willing to make regarding suspending uranium enrichment and abandoning nuclear materials. US troops mobilized in recent months will remain in the region for 60 days and will only withdraw if a final agreement is reached. ③ Lebanon ceasefire: The draft memorandum of understanding also clarifies that the war between Israel and Lebanon will end. The US official stated that this will not be a "unilateral ceasefire," and Israel will be allowed to take action to stop Hezbollah if it attempts to rearm or incite attacks.

  • 11:20:14

    Polish military: Military air operations conducted in Polish airspace in connection with Russian strikes in Ukraine have ceased. No violations of Polish airspace have been recorded.

  • 11:01:32

    The mayor of Kyiv, Ukraine, said that Russian forces launched a large-scale missile and drone attack on Kyiv in the early hours of the morning, resulting in at least one death and 13 injuries.

  • 09:55:37

    On May 24th, a White House official in charge of the 2026 FIFA World Cup said on the 22nd that, due to the Ebola outbreak, the Democratic Republic of Congo (DRC) national team must undergo a 21-day quarantine outside the United States before entering the country to participate in the tournament. The DRC team responded that day, stating that they would not change their existing World Cup warm-up match plans.

  • 09:31:29

    The European-Mediterranean Seismological Centre reports a 5.2-magnitude earthquake in central Türkiye.

  • 09:08:46

    Polish military: Polish military aviation is conducting operations in its own airspace in response to Russian long-range aviation strikes against Ukraine.