China FM Tells EU Diplomats Not to Blame Beijing for Bloc's Problems

Chinese Foreign Minister Wang Yi speaks during a joint press conference with the Hungarian Foreign and Trade Minister in Budapest, Hungary, on February 11, 2026. (Photo by Attila KISBENEDEK / AFP)
Chinese Foreign Minister Wang Yi speaks during a joint press conference with the Hungarian Foreign and Trade Minister in Budapest, Hungary, on February 11, 2026. (Photo by Attila KISBENEDEK / AFP)
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China FM Tells EU Diplomats Not to Blame Beijing for Bloc's Problems

Chinese Foreign Minister Wang Yi speaks during a joint press conference with the Hungarian Foreign and Trade Minister in Budapest, Hungary, on February 11, 2026. (Photo by Attila KISBENEDEK / AFP)
Chinese Foreign Minister Wang Yi speaks during a joint press conference with the Hungarian Foreign and Trade Minister in Budapest, Hungary, on February 11, 2026. (Photo by Attila KISBENEDEK / AFP)

China's foreign minister told his French and German counterparts that Beijing was not to blame for Europe's economic and security problems as he pushed for more cooperation at a summit in Munich, a foreign ministry statement said Saturday.

Wang Yi made the comments at a meeting with France's Jean-Noel Barrot and Germany's Johann Wadephul on the sidelines of the Munich Security Conference on Friday, AFP reported.

He sought to promote China as a reliable partner of the European Union at a time when the bloc is trying to reduce its dependence on both Beijing and an increasingly unpredictable Washington.

"China's development is an opportunity for Europe, and Europe's challenges do not come from China," Wang said, according to the statement.

Warning that "unilateralism, protectionism, and power politics" were on the rise globally, he said he hoped Europe would "pursue a rational and pragmatic policy towards China".

"The two sides are partners, not adversaries; interdependence is not a risk; intertwined interests are not a threat; and open cooperation will not harm security."

The meeting came against the backdrop of trade tensions between the two giant economies and disputes over what the EU sees as China's support for Russia's war in Ukraine.

The EU is seeking to cut its reliance on China for strategic goods like rare earths while also rebalancing a trade relationship that sees it run a large deficit with the world's second-largest economy.

In recent years, the two sides have clashed over Chinese electric-vehicle exports, which threaten Europe's car industry and which Brussels argues are based on unfair subsidies, and Chinese tariffs on EU goods ranging from cheese to cognac.

Wang urged Germany and France to help "give a clear direction for the development of China-Europe relations".

In a separate meeting with Wadephul -- also on Friday -- Wang touted economic and trade cooperation as "the cornerstone of China-Germany ties", according to a foreign ministry readout.

Wang also met Britain's foreign minister Yvette Cooper, telling her that Beijing and London should "explore more potential for cooperation", while the two sides also discussed Ukraine and Iran.

 



Ukrainian Strike Kills One, Wounds 3 in Southern Russia

In this handout photograph taken and released by the press service of the 65th Mechanized Brigade of Ukrainian Armed Forces on June 11, 2026, Ukrainian servicemen attend a military training at an undisclosed location in Zaporizhzhia region, amid the Russian invasion of Ukraine. (Andriy Andriyenko / 65th Mechanized Brigade of Ukrainian Armed Forces / AFP)
In this handout photograph taken and released by the press service of the 65th Mechanized Brigade of Ukrainian Armed Forces on June 11, 2026, Ukrainian servicemen attend a military training at an undisclosed location in Zaporizhzhia region, amid the Russian invasion of Ukraine. (Andriy Andriyenko / 65th Mechanized Brigade of Ukrainian Armed Forces / AFP)
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Ukrainian Strike Kills One, Wounds 3 in Southern Russia

In this handout photograph taken and released by the press service of the 65th Mechanized Brigade of Ukrainian Armed Forces on June 11, 2026, Ukrainian servicemen attend a military training at an undisclosed location in Zaporizhzhia region, amid the Russian invasion of Ukraine. (Andriy Andriyenko / 65th Mechanized Brigade of Ukrainian Armed Forces / AFP)
In this handout photograph taken and released by the press service of the 65th Mechanized Brigade of Ukrainian Armed Forces on June 11, 2026, Ukrainian servicemen attend a military training at an undisclosed location in Zaporizhzhia region, amid the Russian invasion of Ukraine. (Andriy Andriyenko / 65th Mechanized Brigade of Ukrainian Armed Forces / AFP)

A Ukrainian drone attack killed one person and wounded at least three others in southern Russia, a regional official said Saturday, with nearly 100 people fighting to extinguish a fire caused by the strike.

The attack damaged port installations in the Temryuk district on the Sea of Azov, near the Kerch Strait separating mainland Russia from the Crimean peninsula, which has been occupied by Moscow since 2014.

"As a result of falling drone debris, a fire broke out at a maritime terminal... one person was killed," Krasnodar Krai Governor Veniamin Kondratyev posted on Telegram.

He added that at least three people were wounded, according to first reports, and that 96 people had been drafted to fight the blaze.

The Russian army said it had shot down a total of 177 Ukrainian drones overnight.

Ukraine has stepped up its campaign of attacks within Russia in recent months, claiming fair retaliation for Moscow's own massive bombardments across the more than four-year-long conflict.

Kyiv insists that the Ukrainian army first and foremost targets military installations and energy infrastructure, in a bid to deprive the Kremlin's war chest of vital fossil fuel revenues.


US Military Helping Move 7 Million Barrels of Oil Per Day Out of the Gulf

Residents swim and play in the waters of the Strait of Hormuz while cargo ships and commercial vessels lie anchored in the distance off Bandar Abbas, Iran, Wednesday, June 10, 2026.(Razieh Poudat/ISNA via AP)
Residents swim and play in the waters of the Strait of Hormuz while cargo ships and commercial vessels lie anchored in the distance off Bandar Abbas, Iran, Wednesday, June 10, 2026.(Razieh Poudat/ISNA via AP)
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US Military Helping Move 7 Million Barrels of Oil Per Day Out of the Gulf

Residents swim and play in the waters of the Strait of Hormuz while cargo ships and commercial vessels lie anchored in the distance off Bandar Abbas, Iran, Wednesday, June 10, 2026.(Razieh Poudat/ISNA via AP)
Residents swim and play in the waters of the Strait of Hormuz while cargo ships and commercial vessels lie anchored in the distance off Bandar Abbas, Iran, Wednesday, June 10, 2026.(Razieh Poudat/ISNA via AP)

Roughly 7 million barrels a day of oil are getting out of the Gulf with US military help, Energy Secretary Chris Wright said on Friday at an event in Houston.

That is about half of the flow of oil that has been stuck in the Strait of Hormuz since the US-Israeli war ‌with Iran ‌began, Wright said.

"We have a military ‌effort ⁠that we've not ⁠talked a lot about, which started more recently to get cargoes out," Wright said.

No Iranian crude is getting out of the Strait, Wright said at a Bloomberg Energy event, adding that he expects to see the free ⁠flow of all products through the ‌Gulf if ‌a deal is reached. And if no deal is ‌reached, he said the US military will work ‌to restore the flow.

The flow of 7 million bpd is a bigger number than the oil industry was expecting, said Dan Pickering, chief ‌investment officer at Pickering Energy Partners.

Oil prices, currently in the $88 range, indicate ⁠that investors had ⁠assumed only about 3 million to 4 million barrels of oil were flowing through the Strait, Rebecca Babin, CIBC Private Wealth senior energy trader, said at the event.

Wright said that some sanctions on Iran could be partially lifted if a deal is made.

A US gasoline tax holiday over the summer was a possibility that could help reduce prices, Wright said.

 


US Says Downed Multiple Iran Drones as Both Insist Deal Closer

 Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, June 11, 2026. (Reuters)
Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, June 11, 2026. (Reuters)
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US Says Downed Multiple Iran Drones as Both Insist Deal Closer

 Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, June 11, 2026. (Reuters)
Vessels are anchored in the Strait of Hormuz, as seen from Musandam, Oman, June 11, 2026. (Reuters)

The United States said it downed multiple Iranian drones targeting commercial ships in the Strait of Hormuz early Saturday, hours after both sides said a deal to end the Middle East war was closer than ever.

The interception came after weeks of halting talks between Tehran and Washington, mediated by Pakistan, that have been marked by threats and exchanges of fire despite a fragile truce agreed in April.

US Central Command (CENTCOM), which oversees operations in the region, posted on X that Iran had "launched multiple one-way attack drones in an attempt to strike commercial ships transiting the Strait of Hormuz".

"US forces have downed all of them in recent hours as traffic flow through the strait continues unimpeded," it said.

CENTCOM added that the Strait of Hormuz -- a key maritime trade route for oil and gas from the Gulf -- "remains open for transit", despite an Iranian enforced blockade since the start of the war.

Disagreements between the two sides have persisted, with Iranian state media publishing a breakdown of what was purportedly on the table that was at odds with Washington's account.

"The Islamabad Memorandum of Understanding has never been closer," Iran's foreign minister, Abbas Araghchi, wrote in a social media post, referring to the Pakistani capital that hosted previous US-Iran talks.

Trump -- who on Friday morning accused the Iranians of negotiating in bad faith and misrepresenting the terms that had been agreed -- posted a screenshot of Araghchi's message on his own feed just hours later.

Araghchi provided some details on the agreement in an interview with state television, saying it calls for the lifting of the US naval blockade of Iran's ports and unspecified changes to the administration of the Strait of Hormuz.

He also said the only way to deal with the country's enriched uranium -- which Washington alleges is part of a nuclear weapons program -- "is to dilute it inside Iran".

- 'Not 100 percent' -

Disputing Trump's "bad faith" accusation, Iranian foreign ministry spokesman Esmaeil Baqaei said an agreement had now been reached with Washington "on most points".

Pakistani Prime Minister Shehbaz Sharif, whose country has been a key mediator since the initial talks, confirmed that "a final, agreed-upon text of the peace deal has been reached".

"Peace has never been as close as it is now," Sharif said, while acknowledging "incessant misinformation" surrounding the deal.

A senior US official also voiced optimism that the parties would be "signing this agreement over the next few days".

"If I were to give you a confidence that we were going to be signing this agreement, I maybe would have said 75 percent this morning, it's probably more like 80-85 percent now, but it's not 100 percent," the official told reporters in a call.

The Swiss foreign ministry on Friday said it had been in contact with both the United States and Iran, and had "proposed Switzerland as the venue for a possible signing, should the parties agree to it".

But Araghchi said that upon finalization, a draft deal with the United States would be signed "remotely", adding that this could happen "in the coming days".

US ally Israel has said that Trump had promised it that any agreement would see Iran stripped of its enriched nuclear material, but Tehran's official IRNA news agency said this was not even on the table.

- 'Benefits will flow' -

According to IRNA's account, after an initial agreement is signed, Iran and the United States would hold 60 more days of talks and "Iran's right to enrich uranium and the retention of enriched material... will be emphasized with a view to their inclusion in the final agreement".

Beyond this, according to IRNA, Iran would insist on managing traffic through the Strait of Hormuz, which Tehran has blockaded since the outbreak of the war, causing major disruptions to the global economy.

On Friday, Iran's Mehr news agency, quoting a source close to the country's negotiating team, said the deal would also see the release of $24 billion in frozen Iranian assets.

But those details clashed with a summary offered by a senior White House official, who told AFP Iran had agreed to dismantle its nuclear program, destroy its enriched uranium stockpile and reopen the strait -- and that Tehran would not see any of its frozen funds returned until it had honored these commitments.

US Vice President JD Vance likewise said Iran was "not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting".

But, he added, if "Iran meets its obligations, then economic benefits will flow to them and to the entire region".