China taps commercial crude reserves to offset supply shock from Iran war, prioritizing lower refinery use and fuel export limits to manage fallout.

US offers 40M barrels of crude from Strategic Petroleum Reserve, a significant release aimed at stabilizing energy markets.

The United States has offered 40 million barrels of crude oil from the Strategic Petroleum Reserve.

Solar surpassed coal in US power generation for the first time in a calendar month in May, according to Bloomberg.

Solar overtook coal in US power generation in May, the first time the renewable source bested the fossil fuel in a calendar month.

China's factory-gate inflation hits nearly 4-year high in May, Reuters reports. Producer price index rose 6.8% year-on-year, signaling persistent cost pressures in the world's second-largest economy.

China's factory-gate inflation hit a nearly four-year high in May, according to Reuters.

Pakistan Army Mi-17 helicopter crashes near Muzaffarabad in Kashmir, killing all on board — military cites technical fault, no survivors, board of inquiry formed.

A Pakistan Army Mi-17 helicopter crashed near Muzaffarabad in Pakistan-controlled Kashmir on Wednesday during takeoff due to a technical fault, killing all personnel on board, the military's Inter-Services Public Relations said.