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Iran Is Preparing For Oil Overflow As Third Carrier Arrives
Iran is reviving old tankers to stop possible overflow, as more supplies arrive to U.S. bases and a third carrier has officially arrived.
THE BRIEFING
Here’s what’s happening in geopolitics today.
A ceasefire between Israel and Lebanon gets a three-week extension, while Iran heads back to the table for indirect talks with the U.S. in Islamabad.
Elsewhere, Myanmar tightens control with martial law across dozens of townships, as Europe quietly drafts its own defence playbook amid uncertainty over Washington. And in Latin America, Colombia and Venezuela reopen dialogue, signalling a tentative reset in regional relations.
In today’s deep dive, we focus on Iran reviving old tankers to stop possible overflow, as more supplies arrive to U.S. bases and a third carrier has officially arrived.
THE LAST 24 HOURS IN GEOPOLITICS
1. Israel-Lebanon ceasefire to be extended by three weeks
The ceasefire between Israel and Lebanon has been extended by three weeks following US-hosted talks in Washington, with the announcement made by Donald Trump and supported by Vice President JD Vance. The extension builds on an initial 10-day truce agreed earlier in April and is intended to provide more time for negotiations toward a longer-term agreement between the two sides. Trump hosted Israel's ambassador to Washington Yechiel Leiter and Lebanese ambassador to the US Nada Moawad in the Oval Office for this round of talks that led to the extension.
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2. Iran’s Foreign Minister heading to Islamabad to resume indirect talks with US
Iran’s Foreign Minister Abbas Araghchi is travelling to Islamabad to resume indirect talks with the United States, with Pakistan acting as a mediator between the two sides. The discussions aim to revive negotiations following the collapse of earlier peace talks, with no direct meeting currently planned between Iranian and U.S. officials.
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3. Myanmar’s government imposes martial law in 60 townships
Myanmar’s military-backed government has imposed martial law in 60 townships, granting the armed forces expanded authority to oversee security and administration in conflict-affected areas. The move was enacted through new emergency ordinances issued by President Min Aung Hlaing, aimed at tightening control in regions still facing active resistance and instability. The decision underscores the ongoing unrest across the country, as the military continues to rely on expanded powers to manage the prolonged civil conflict.
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4. EU prepares ‘blueprint’ for mutual aid clause amid Trump worries
The European Union is preparing a detailed “blueprint” for how its mutual assistance clause would operate if a member state comes under attack, amid growing uncertainty over U.S. commitment to NATO. The clause, known as Article 42.7, obliges EU countries to support one another in the event of armed aggression but currently lacks clear operational guidelines, prompting calls for more concrete planning.
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5. Colombia’s leader to visit Venezuela for talks with acting president Rodriguez
Colombian President Gustavo Petro is set to visit Venezuela for talks with acting President Delcy Rodríguez, focusing on border security, trade and energy cooperation. The meeting in Caracas will address shared challenges along the 2,200-kilometre border, including armed groups, drug trafficking and cross-border instability, while also exploring the potential reopening of a key gas pipeline. The visit comes amid shifting regional dynamics following the removal of former leader Nicolás Maduro, with both countries seeking to strengthen ties despite ongoing political uncertainty in Venezuela.
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