Real-time News

May 16 - According to sources cited by Iran's state news agency, Pakistani Interior Minister Naqvi arrived in Tehran a few hours ago to meet with Iranian officials.

May 16th - Today (May 16th), my country's independently developed and produced 103-octane racing-grade gasoline was officially put into use in Xinjiang. This is the first batch of 103-octane high-grade racing gasoline to be industrially produced in China, filling the gap in high-performance racing fuel in the country and ending the long-term reliance on imports for fuel used in my country's top-level racing events.

On May 16, a senior official of the Palestinian Islamic Resistance Movement (Hamas) confirmed to the media that Hamas military leader Izziddin Haddad had died.

Lebanese lawmaker: Hezbollah will not hesitate to respond to Israel's violation of the ceasefire agreement.

Norwegian gas transportation management company Gassco reported an unplanned shutdown at the Visund oil field on May 16-17, resulting in a daily production reduction of 5.3 million cubic meters.

On May 16, Nigerian President Uhuru Tinub issued a statement saying that Abu Bilal Minuki, a senior leader of the Islamic State, had been killed in a recent joint military operation between Nigeria and the United States. Preliminary assessments confirmed that coalition forces killed the wanted senior extremist leader and several of his deputies during an attack on his residence in the Lake Chad Basin.

The UAE Energy Minister stated that the UAE's decision is sovereign and strategic, guided by national interests, and not as some outside observers have speculated.

UAE Energy Minister: This decision was made after a comprehensive assessment of the UAE’s (crude oil) production policy and future capacity, and it was solely guided by the UAE’s national interests, its responsibility as a reliable energy supplier, and its firm commitment to market stability.

The UAE Energy Minister stated that the UAE's decision to withdraw from OPEC and OPEC+ was a sovereign strategic choice rooted in the country's long-term economic vision, its growing energy capabilities, and its consistent commitment to global energy security.

On May 16, local time, the Israel Defense Forces issued a statement saying that the Israeli military was launching airstrikes against Hezbollah infrastructure targets in several locations in southern Lebanon.

May 16th - The meeting between the Chinese and US leaders has drawn significant global attention. International figures expressed their expectation that, under the strategic guidance of head-of-state diplomacy, China and the US will forge a new path for proper relations between major powers in the new era, jointly creating a bright future for bilateral relations while bringing more stability and certainty to a world fraught with uncertainty. William Jones, former White House correspondent for the US magazine *Global Strategy Information*, stated that as the most important bilateral relationship in the world today, the smooth progress of the US-China relationship depends on the two leaders' ability to "see the direction, grasp the overall situation, and stabilize the course." He emphasized that effective dialogue and communication are especially crucial at critical moments. "This meeting has drawn a clear roadmap for the future development of bilateral relations, once again demonstrating the 'stabilizing force' of head-of-state diplomacy in US-China relations."

On May 16, Iraq's newly appointed Oil Minister, Bassim Mohammed, stated at a press conference that Iraq exported 10 million barrels of oil via the Strait of Hormuz in April. Mohammed indicated that Iraq plans to engage in discussions with OPEC to increase the country's crude oil production and export capacity, adding that Baghdad's goal is to increase crude oil production capacity to 5 million barrels per day.

Iraq's oil minister said Iraq is seeking discussions with OPEC to increase its crude oil production and export capacity, and hopes to increase production capacity to 5 million barrels per day.

On May 16th, it was reported that on May 15th, 2026, Nvidia CEO Jensen Huang ordered a "Peach Four Seasons Spring" drink at a Mixue Ice Cream store in Nanluoguxiang, Beijing, sparking attention. A Mixue Ice Cream staff member responded that after the "Celebrity Endorsement" feature was launched on their mini-program, sales of the Peach Four Seasons Spring drink increased by nearly 140% compared to the previous day and by over 90% compared to the previous Friday. At the Nanluoguxiang store visited by Huang, sales of the Peach Four Seasons Spring drink increased by over 90% compared to the previous day.

Bill Ackman: Pershing Square's sale of Google stock is not a sign of bearish sentiment towards the company. We remain a very bullish investor in Alphabet. Based on current valuation levels and limited capital, we are liquidating our Google holdings and using the proceeds to buy Microsoft shares.

Samsung Electronics union: Government mediators will join wage negotiations between Samsung Electronics and its South Korean union next Monday.

On May 16, local time, the Israel Defense Forces (IDF) announced that it had issued evacuation warnings to nine villages and towns in southern Lebanon, urging residents to evacuate at least one kilometer. The IDF stated that this action was in preparation for airstrikes against these targets. The IDF claimed the action was related to what Hezbollah allegedly did to "violate the ceasefire agreement." Earlier that day, a drone, suspected to have been launched from Lebanon, triggered an alarm in the Mount Melon region of Israel. The IDF stated that the incident had ended and there were no casualties.