Iran
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Tulku Phurbu Tsering Rinpoche

After all the talk we've heard in recent years about how depressed oil prices are now permanent, in the wake of Trump's announced withdrawal from the Iran nuclear deal Bank of America is predicting that the price of Brent crude could go as high as the once-dreaded $100 per barrel in 2019. The report also cited collapsing production in Venezuela due to the crisis there. Brent prices have risen above $77 per barrel since Trump's announcement. Prices have jumped more than 8% over the past month and 15% since the beginning of the year. According to the analysis, investors fear that renewed sanctions on Iran could lead to supply disruptions. Although the report failed to mention it, the Israeli air-strikes on Iranian targets in Syria have doubtless contributed to the jitters.  (Photo: Shana)

Greater Middle East
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Egypt's chief prosecutor referred 555 individuals suspected of joining a local ISIS affiliate to military court. The charges against them arise out of a series of attacks carried out by dozens of small militant groups situated in the northern part of the Sinai Peninsula. The suspects will faces charges for the planned and executed killings of security personnel, attacks on military checkpoints, and the destruction of a gas pipeline between Egypt and Jordan. The charges come amid growing concerns over torture, lengthy solitary confinement and other rights abuses in Egypt's prisons. (Photo: Egypt Daily News)

Inner Asia

Tibetan religious leader arrested in Sichuan

From the Tibetan Centre for Human Rights and Democracy, May 19: The Chinese authorities had arrested a revered religious figure in Kardze, Tibet according to reliable information received by the Tibetan Centre for Human Rights and Democracy (TCHRD).