Mintel World is a next-generation open-source intelligence (OSINT) firm specializing in defense, energy and geopolitical insight.
Joined March 2024
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Turkish Foreign Minister Hakan Fidan will visit Russia on June 16–17 at the invitation of Sergey Lavrov. He is expected to meet President Vladimir Putin, hold talks with senior officials, and engage with Turkish business leaders. Bilateral ties, including trade, energy, security, and consular issues, will be discussed.
- AA
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Macron: (G7 Summit)
"Today, there is a shortage of certain rare earth elements, components, and critical minerals. If we do not cooperate as G7 countries, everything could come to a standstill. I believe we will finalize this agreement that we have been working on for months, as it is one of the most concrete steps for our industry. China has built up significant capacity in this field, and there is an obvious dependency."
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Despite the agreement concluding the Iran conflict and reopening the Strait of Hormuz, elevated energy prices will not immediately decline. Experts caution it will require months to restore shipping, refining, and security operations to fulfill global demand.
- AP
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Kuwait Petroleum Corporation has approved a gas exploration investment in Egypt, with output at the West Mena offshore field expected to start in Q4. KUFPEC holds a 40% stake, as Kuwait expands upstream investments and energy cooperation with Egypt.
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Saudi Arabia and South Korea signed an MoU in Riyadh to boost cooperation in oil and gas and deepen their energy partnership. Officials discussed expanding investments and strengthening bilateral ties across the energy sector.
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AT&S will invest up to €2 billion in Malaysia to expand its Kulim site and tap booming AI demand, lifting its outlook and sending shares up nearly 30%.
- Reuters
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The Malian Army has seized numerous motorcycles and supplies destined for militant groups in the Timbuktu region.
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Turkey's Somali Naval Task Group continues to provide escort and protection for the Çağrı Bey drillship and support vessels Korkut, Altan, and Sancar. As part of these ongoing operations, the task group also conducted drone testing and diving exercises.
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European Council President António Costa, European Commission President Ursula von der Leyen, and French President Emmanuel Macron arrived at the venue in Evian, France, to attend the 52nd G7 Summit.
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Global asset managers are adding Chinese government bonds as the Iran war reshapes risk strategies. Unlike Western debt markets, CGBs show near-zero correlation and falling yields, even as global sovereign bonds sell off sharply. Yields fell 8 bps while rose 35-60 bps. - Reuters
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The Council of the European Union has officially approved the EU-Canada agreement, allowing Canadian companies and products to participate in procurement processes under the "Security Action for Europe" (SAFE).
Canada has become the first non-European country to join the SAFE mechanism.
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The Nigerian Army reported that 27 militants were killed, 10 suspects arrested, and 8 hostages freed during nationwide operations over the past 48 hours. The military also announced the recovery of arms and stolen goods following joint land and air efforts.
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The Democratic Republic of Congo reported 72 new Ebola cases in 24 hours, marking one of the largest single-day jumps in the current outbreak. Government data confirms total cases have now reached 782, including 181 reported deaths.
- Reuters
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The U.S.-Iran deal ending months of conflict and reopening the Strait of Hormuz eases global energy fears. But the truce is fragile, leaving doubts over how quickly tanker traffic can fully recover as risks of renewed tensions persist along the vital route. - Reuters
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Somalia has received modern equipment from the Turkish Cooperation and Coordination Agency (TİKA) to modernize its agricultural sector. The Somali Agriculture Ministry stated this support will enhance efficiency and accelerate the nation's goal of food self-sufficiency. - AA
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Protests have erupted in Kenya over a US-backed Ebola quarantine facility in Nanyuki. At least one person was killed as police fired on demonstrators opposing the center, which is reportedly designated for American citizens amid a renewed West Africa outbreak.
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European leaders are ready to launch a maritime mission to reopen the Strait of Hormuz once the US-Iran peace deal is in place. G7 leaders will finalize the framework this week, though Italy conditions its support on a ceasefire in Lebanon.
- Bloomberg
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President Donald Trump has departed for France for the G7 summit to face European allies at odds with him over two major global wars.
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Trump warns of a 100% tariff on French wine if France keeps its 3% digital tax on U.S. tech firms. He says he told Macron to drop the tax or face heavy duties on champagne and wine imports as G7 tensions rise over trade and tech policy, NY Post reports
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Australia’s richest person, mining tycoon Gina Rinehart, just bought a $1B stake in SpaceX via Hancock Prospecting. Marking her largest non-iron ore investment, Rinehart is betting on Elon Musk's vision for space, connectivity, and AI to shape future industries. - WSJ
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