switzerland

June 19 (UPI) — Global oil prices have fluctuated slightly on Friday, briefly reaching back above the $80 per barrel mark for Brent crude, as the United States and Iran called off further talks in Switzerland.

A stall in talks between the United States and Iran have cast doubt over the preliminary peace agreement reached earlier this week. The oil market has begun reflecting that uncertainty early Friday.

Vice President JD Vance was set to travel to Switzerland to continue into the next phase of negotiations with Iran. Vance’s trip has been postponed while Israel has opened up more strikes on Lebanon.

Part of the agreement between the United States and Iran included an end to military operations in Lebanon.

The Swiss foreign ministry said talks between the United States and Iran will no longer take place on Friday as previously planned. The White House confirmed that Vance will not be traveling to Switzerland, citing logistical issues involving negotiations.

Vance said during a press conference Thursday that Iran will not receive “a single penny from the United States.” He added that Iran will not receive any of the benefits from the preliminary agreement unless “they comply fully and change their behavior.”

Overall oil prices are heading toward a second consecutive week of falling prices. August Brent crude oil, the international benchmark, traded at about $80.23 per barrel on Friday morning. July West Texas Intermediate futures, the U.S. benchmark, traded for about $75.96 per barrel.

Altogether, benchmark crude oil is on pace to be down in price by about 8% for the week.

After falling below $4 per gallon on Thursday, the U.S. national average for premium gas edged down to $3.97 per gallon on Friday. The price of gas remains higher than prior to the start of the Iran war. A year ago, the average price of gas was $3.20 per gallon on average, AAA reports.

Imagine it. A neophyte coach, leading a team for the first time at any competitive level, and it being a high-profile assignment on the biggest of big stages.

A self-assured broadcaster, critical and competitive, having his bluff called, being invited to not just talk about it, but to be about it: Walk the walk, why don’t you?

A former player — scorer, shooter — being challenged to step up and right a listing ship while navigating politics and the push and pull of history and high hopes.

Imagine that guy going: “Bet.”

As in, you betcha. As in, I’d bet on me.

Lakers fans, you’ve seen JJ Redick run this play in the NBA.

Bosnia and Herzegovina’s faithful — who comprised the vocal majority amidst the full house for Thursday’s 4-1 Group B loss to Switzerland at SoFi Stadium — are seeing manager Sergej Barbarez pull the same improbable stunt.

The 54-year-old Barbarez is Bosnia’s national soccer team’s fifth manager since 2022. He’s also a former national team captain turned professional poker player turned broadcaster whose turn coaching this team came as a complete shock.

He might be the most interesting man amidst a mass of most interesting men at the World Cup, and he has Bosnia back on two feet.

And he had them on equal footing Thursday until Switzerland scored the match’s first goal in the 74th minute.

“Maybe our start wasn’t that good,” Barbarez said through an interpreter. “But from the first cooling break until the goal, we were the better players, the better team.

“I don’t like self-pity,” he added. “I entered the dressing room and told them all that they have one hour to cheer up to lift their heads up.”

The loss to the 19th-ranked Swiss was the first in six matches for 64th-ranked Bosnia, following six consecutive 1-1 or 0-0 draws, including their 1-1 World Cup opener against host Canada.

They know they’ll have to win their next match Wednesday against Qatar for an opportunity to reach the knockout stage: “It seemed,” Barbarez said, “from the very beginning that the last game would be the most important one, and it turns out it is.”

And they’ll be ready, he said.

“It’s hurtful; it’s quite painful,” he said. “But this is my job, and trust me, I’ll make sure they will be fine ahead of the next game. We will try to remedy what happened.”

We’d expect to hear something similar from Redick — whose poker face isn’t as good as Barbarez’s, whose small sigh and slight smile betrayed his only emotions during his postgame news conference Thursday.

(As for who wore it better: Barbarez pumping up Bosnian fans in all-black business attire beats Redick’s all-black athleisure.)

Ahead of schedule and happy to be here, Bosnia is playing in the World Cup for the first time in 12 years. Playing hard with house money.

Barbarez spent most of his 14-year professional playing career in the Bundesliga, scoring 105 goals for Borussia Dortmund, Hamburg and Bayer Leverkusen. When he retired, he got his coaching license but didn’t use it until 2024, taking a gamble on a different competitive calling.

He played poker professionally in Europe for a decade, made at least $143,000, according to Cardplayer.com, and reached two final tables in the World Series of Poker.

He also became an unabashed critic of the Football Assn. of Bosnia, which was churning through managers; three of them were hired and fired within months. Beyond failing to qualify for the 2024 Euros, Barbarez admonished the association’s leadership for its 2022 decision to schedule friendlies with Russia soon after it was banned by FIFA and UEFA for invading Ukraine.

And then, in April 2024, he was introduced as the national team manager.

“His energy and authority can be crucial factors in getting the national team back on track for success,” the president of the Football Federation Vico Zeljkovic told reporters.

Also key: “Personality,” Zeljkovic said.

Barbarez maintained from the outset that his goal was to qualify for the Euros in 2028 — and for his players to feel proud wearing Bosnia’s blue, yellow and white.

On Thursday, his players felt it and so did thousands of fans who showed up at SoFi Stadium wearing those colors for a World Cup match. All of them, all in.

“They support us all over the world,” said Ermin Mahmić, who scored his side’s only goal in the 93rd minute. “It’s not normal to be honest, and we’re very thankful for them.”

And surely for Barbarez, who took a path rarely traveled, willing to bet big on Bosnian football.

All five goals were scored in the final 30 minutes as the match in Los Angeles erupted to life in closing stages.

Johan Manzambi scored a late brace after coming on in the 71st minute, following goals from Ruben Vargas and Granit Xhaka as Switzerland erupted late for a 4-1 victory over 10-man Bosnia and Herzegovina to top Group B at the World Cup.

The last three Swiss goals at the Los Angeles Stadium followed the 80th-minute dismissal of Bosnian defender Tarik Muharemovic, who was sent off for hauling down Breel Embolo to deny an obvious goalscoring opportunity, in a dramatic finish to the match on Thursday.

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When it was all finished, Switzerland, with one win and a draw, were in command of the group despite an unexpected 1-1 draw against Qatar in their tournament opener.

Qatar and Canada play in Thursday’s later Group B clash in Vancouver, where the winner will draw level on points with the Swiss side that’s looking to progress to the knockout phase for a fourth consecutive World Cup.

Bosnian substitute Ermin Mahmic scored with a thunderous volley in second-half stoppage time for Bosnia and Herzegovina, who remain on one point.

But the Balkan side will need to be more adventurous in their group finale against Qatar to have any chance of progressing after offering little against the Swiss.

All five goals they have conceded have come after the 70th minute, including the equaliser in their 1-1 tournament-opening draw against Canada.

Yet it looked for long stretches like Bosnia’s cagey approach would work until Switzerland coach Murat Yakin sent on Manzambi.

Shortly after his own introduction, Vargas got free on the left and curled in an outswinging cross towards the back post.

Amar Memic tried to head clear, but Manzambi instinctively met the second ball near the penalty spot and thumped a vicious side volley that had too much power for Bosnian goalkeeper Nikola Vasilj.

Any realistic hopes of a positive Bosnian result ended six minutes later when referee Joao Pinheiro had no choice but to produce a red card for Muharemovic’s late challenge from behind.

Four minutes later, Vargas found the bottom right corner after Embolo held the ball up near the spot and then played it to his open teammate to his left.

Vargas was the provider when Manzambi completed his brace in the 90th minute, and after Mahmic pulled a goal back, the veteran Xhaka converted from the penalty spot seven minutes into second-half stoppage time.

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Pakistan’s Prime Minister Shehbaz Sharif has signed a US-Iran memorandum of understanding aimed at ending the war between the two countries. US President Donald Trump and Iran’s President Masoud Pezeshkian signed on Wednesday.

EXPLAINER

US President Donald Trump and Iranian leaders say a deal has been agreed to end more than 100 days of war that killed thousands.

United States President Donald Trump and Iran’s Deputy Foreign Minister Kazem Gharibabadi said on Sunday that they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.

Trump said the deal allows for toll-free shipping through the Strait of Hormuz, which has been largely closed since the US and Israel launched an assault on Iran on February 28.

“The Deal with the Islamic Republic of Iran is now complete,” Trump wrote on Truth Social on Sunday.

The US and Iran will sign a memorandum of understanding in Switzerland on Friday, said the prime minister of Pakistan, whose country has served as a mediator.

Monday marks 108 days since the war began, with the US and Israel’s attacks on Iran. Here is what’s happening:

What we know about the deal

• The content of the agreement, which follows weeks of fraught negotiations and periodic threats from Trump of new hostilities unless Iran reaches a deal, remained unclear.
• Strait of Hormuz to reopen: Iran’s semi-official Mehr news agency said the draft deal called for reopening the Strait of Hormuz within 30 days under Iranian arrangements. Trump, who turned 80 on Sunday, said the deal allows for toll-free shipping through the Strait of Hormuz, which has been largely closed since the US and Israel launched an assault on Iran on December 28.
• Frozen assets to be released: Iran’s Mehr news agency reported that the US would release $12bn in frozen assets to Iran before the start of negotiations.
• Iran’s enriched uranium: In an interview with The New York Times on Sunday, Trump said Washington was still negotiating whether Iran would suspend its enrichment for 20 years. Trump hinted that he might settle for a 15-year suspension, but said he did not want to negotiate via the press.
• Israel has not commented: There has been no official comment from Israel about the peace agreement.

In Iran

• The secretariat of Iran’s Supreme National Security Council said on Monday that the deal with the US includes the immediate suspension of hostilities on all fronts. “Based on the agreements reached, the war and military operations on all fronts, including Lebanon, will end immediately and permanently as of tonight, and in addition, the naval blockade against Iran will end immediately and completely,” it said in a statement.

In the US

• Democrats slam Trump over war: While Democratic lawmakers welcomed the deal, they criticised the Trump administration’s decisions pertaining to the war. Senator Chris Coons of Delaware said that while the deal moves the situation in the “right direction”, several questions remain. He warned that competing interpretations of what was agreed upon could pose risks. Senator Chris Murphy, who serves on the Senate Foreign Relations Committee, said the deal is a “surrender to Iran” but that the US should be “glad about it because every day this insane, illegal war continues, we get weaker”.

In Lebanon

• Trump rebukes Israeli attack on Beirut: On Sunday, shortly before the deal was announced by Trump, Israel launched an air attack on Beirut. Trump angrily blamed Israel for delaying the deal’s signing after launching this attack. In an expletive-laden phone interview with US news outlet Axios, Trump fumed about Israeli Prime Minister Benjamin Netanyahu, saying: “I was so pissed off. I let him know.”

Global response

• Western leaders praise deal: UK Prime Minister Keir Starmer said he was ready to aid the further technical talks between the US and Iran, adding that he hopes the reopening of the Strait of Hormuz will stabilise energy markets.
• French President Emmanuel Macron also praised the deal and said Paris would support the Lebanese government.
• European Union chief Antonio Costa welcomed a deal between the US and Iran to end the Middle East war, adding that the bloc was ready to contribute to a strategy for “lasting peace”.
• UN Secretary-General Antonio Guterres said it was a “critical step” towards resolving the war in the Middle East.

Global economy

• Oil prices drop: Oil prices slipped to their lowest since March on Monday, with global benchmark Brent crude futures falling $4.08, or 4.7 percent, to $83.25 a barrel by 04:15 GMT. US West Texas Intermediate was at $80.53, down $4.35, or 5.1 percent. Both contracts fell to their lowest levels since March 10 on Monday after tumbling more than 3 percent on Friday.
• Asian markets soar: Markets in Japan soared, more than 5 percent up; in South Korea, they were up 5.3 percent; in Taiwan, they were up 2.4 percent. In Shanghai, they were up 1.3 percent; and in Hong Kong, they were up half a percent; while in Indonesia, they were up 2.07 percent; and in the Philippines, they were up 5.2 percent.

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Swiss voters reject a proposed population cap that would cap the country’s population at 10 million. The plan, championed by the right-wing Swiss People’s Party, was supported by 45% of voters.

Activists rally in Geneva to denounce policies of G7 countries ahead of group’s annual meeting this week in France.

Thousands of protesters have gathered in Geneva ahead of this week’s Group of Seven (G7) summit, which is set to bring together United States President Donald Trump and other world leaders in nearby France.

The demonstration on Sunday was led by the so-called “No-G7” coalition, which is comprised of more than 60 associations and groups, including Palestinian rights advocates, feminist activists and environmentalists.

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“We are very afraid of the policy and the politics of Mr Trump and also of the other leaders of the G7, because they are fighting, making war all over the place,” said Francoise Nyffeler, a spokesperson for the coalition.

“The planet is in danger, and we are very scared about it and we want to protest and say that the people of the world are against their policies,” she added.

Swiss and French authorities have deployed thousands of police to provide security for the three-day summit, which begins on Monday in the French resort town of Evian-les-Bains.

Authorities have blocked off roads, banned unauthorised gatherings, and pledged financial support for businesses that could be hit by unrest.

Scores of businesses and shops have boarded up their storefronts with wooden panels as a precaution, leery of upheaval that left a trail of damage in Geneva during a similar summit in Evian in 2003.

Reporting from the protest in Geneva on Sunday, Al Jazeera’s Natacha Butler said demonstrators had denounced the G7 as being “all about the rich getting richer and the poor getting poorer”.

“They say the club of wealthy nations doesn’t represent the global population; that their policies and decisions have a negative impact on the world in terms of climate, equal rights and poverty,” Butler said.

Questions about the legitimacy of the G7 – which includes the US, Canada, Japan, France, Germany, Italy and the United Kingdom – are not new.

The group of countries previously accounted for 70 percent of global gross domestic product (GDP) – a figure that has shrunk to just 40 percent – while representing one-tenth of the global population.

In a sign that global power dynamics are shifting dramatically, other global groups also are growing. The BRICS countries – which include India, Russia and China – have doubled their bloc’s number of members from five to 11.

While G7 summits regularly draw protests, this year’s event also comes amid global frustration with Trump’s leadership on issues as diverse as tariffs, the US-Israeli war on Iran, and the climate crisis.

Demonstrators had been gathering for days in advance of Sunday’s march in Geneva.

A flotilla of around 20 boats appeared on Lake Geneva off the coast of Evian on Saturday, displaying anti-G7 and pro-Palestinian banners. Some 20 protesters were detained on Friday evening, according to Swiss media reports.

Was Switzerland’s Remo Freuler offside before he was brought down by Qatar goalkeeper Mahmoud Abunada?

It is the question that, for many, remains unanswered despite Fifa finally releasing images four and a half hours after the incident happened.

The move led to a penalty, converted by Breel Embolo, as the teams drew 1-1 in Saturday’s World Cup Group B match in Santa Clara.

Before the tournament Fifa put a lot of stock in its new, enhanced semi-automated offside system.

World football’s governing body scanned every player at the World Cup to create unique, lifelike avatars.

It was supposed to provide the most accurate illustration of offside decisions we have ever seen.

But it did not work and Fifa had to revert to drawing lines to the players and on the pitch.

Fifa released a statement saying “a brief technical outage prevented the onside animation graphic from being generated”.

It went on to say the lines drawn by the video assistant referee (VAR) showed no offside and released two images – which remain unconvincing – but not the usual avatar graphics.

Within the move, two Switzerland players could potentially have been offside.

Fifa released an image for both as evidence they were onside. The first was for Embolo in the build-up, the second for Freuler before he was fouled by Abunada.

Fifa’s statement read: “The workflow of the VAR was not affected by this issue and followed the normal procedure in checking the on-field decision.

“The lines used by the VAR to check the position of the relevant players did not show the attacking player to be in an offside position in either of the two situations immediately before the penalty decision.”

The semi-automated technology is not flawless. It can be impacted by many things, such as players being close together or even something as random as ticker tape on the pitch.

When the technology fails in the Premier League there is the option to fall back to the old technology where the VAR draws the lines.

But the offside image is produced straight away, not several hours later.

“We all think [it was offside],” Gary Neville said on ITV before the statement was released.

“Everybody at home thinks it. Fifa are the host broadcaster and they have the semi-automatic decision that they can show us.

“There is a massive question over that because it is offside in my eyes until they prove to me different.”

If there is one thing that is guaranteed to create doubt it is delay. It creates a vacuum that feeds conspiracy theories. It might give the impression Fifa is hiding something.

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Qatar has earned its first-ever FIFA World Cup point in dramatic fashion against Switzerland. An injury time own goal put Qatar level with the Swiss in San Francisco. Al Jazeera’s Paul Rhys was there.

Asian Cup holders Qatar level in injury time to draw 1-1 with Switzerland in World Cup 2026 opening game.

Boualem Khoukhi scored an equalising goal on a header in the fourth minute of stoppage time, and Qatar spoiled a dominant day by Switzerland in a 1-1 draw in Group B of the World Cup.

Several of the Qatari players fell to the ground on Saturday in celebration of the late goal, as others ran to each other to embrace.

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Breel Embolo scored for Switzerland from the penalty spot in the first half just over a week after being cleared to enter the US following a visa delay, but the Swiss failed to capitalise on multiple other scoring chances.

In the 13th minute, Embolo was fouled by Qatar goalkeeper Mahmoud Abunada, who received a yellow card on the play. Abunada lay face down and appeared motionless for a couple of minutes before he began to move his legs and was able to stand up again.

When Embolo calmly sent his penalty into the upper left corner in the 17th minute, it sent the red-clad Swiss fans into a dancing frenzy in the stands of San Francisco Bay Area Stadium.

The 29-year-old forward applied for an urgent visa at the United States embassy in Bern on June 3, one day after he was denied boarding the team’s flight to travel for his third World Cup because of a 2018 criminal conviction that was only finalised in April.

Switzerland dominated the possession game on an unseasonably warm June afternoon — with sprinklers running during a first-half break.

There were thousands of empty seats scattered throughout Levi’s Stadium, home of the NFL’s San Francisco 49ers. Brazil and Colombia drew 70,971 two years ago in a group match at the Copa America. The stadium in Santa Clara staged the Super Bowl only four months ago.

Switzerland goalkeeper Gregor Kobel made a save in the second minute after Edmilson Junior got through the defence for a one-on-one. Kobel corralled the ball again in the 90th on a close-range attempt by Ahmed Alaaeldin.

Switzerland is hoping to advance further than its round-of-16 showing four years ago before losing 6-1 to Portugal — when Goncalo Ramos delivered an improbable hat-trick playing in place of benched star Cristiano Ronaldo. The loss prompted Switzerland midfielder Xherdan Shaqiri to apologize the the fans.

The Swiss used consistency and experience to go unbeaten through qualifying against Sweden, Kosovo and Slovenia. Coach Murat Yakin’s team produced four wins and two draws to secure its sixth straight World Cup appearance and hasn’t missed one since 2002, but the team has never gotten beyond the quarterfinals.

Qatar, led by Spanish coach Julen Lopetegui, had to qualify through a playoff in November — beating the United Arab Emirates and Oman — after missing an opportunity from its group stage of Asian qualifying.

The Gulf state country became the first host nation to lose all of its group matches four years ago. It lost to Senegal, Ecuador and the Netherlands in the 2022 tournament, scoring its lone goal in a 3-1 loss to Senegal.

Making a rib stop on the way to a game and then eating your barbecue inside your car — or, better, on the hood of your car if you don’t want sauce-stained seats — has been a classic move since the days the Lakers used to play at the Forum in Inglewood. Lately, however, it’s getting harder to find old-school L.A. barbecue — the wood-smoked ribs and links and small ends that have long powered this city. Luckily, Inglewood is home to two outposts from the first family of L.A. barbecue: Woody’s (see separate entry), started by the late Woodrow “Woody” Phillips and Phillips Bar-B-Que from Woody’s cousin Foster Phillips, who still inspires younger pitmasters. Where Woody’s has patio seating, Phillips, in traditional barbecue style, is a take-out-only shop with a tightly packed parking lot off Centinela Avenue. It’s the only location that remains after the 2024 closure of Phillips’ Crenshaw spot. Recently, I stopped in for pork ribs so tender the meat easily came free from the bone; small ends, a meaty cut Phillips helped popularize; plus sides of greens and an especially cheesy macaroni and cheese. If you order your rib sauce hot, it may not be as spicy as it was in the old days, but it still has the sweet taste of nostalgia.

Michele Spagnuolo allegedly used insider information to profit from bets on people on Google’s most-searched list.

A Google software engineer has been charged with fraud by US authorities after allegedly using insider information to win more than $1.2m in bets on the prediction market platform Polymarket.

Michele Spagnuolo, an Italian citizen residing in Switzerland, is accused of using confidential information to wager on the results of Google’s annual most-searched list, according to a criminal complaint unsealed on Wednesday.

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US prosecutors accuse Spagnuolo of using an account named “AlphaRaccoon” to make trades on various markets linked to the results of Google’s 2025 Year in Search.

The total sum of the bets was approximately $2.75m, according to the complaint, filed in federal court in New York.

Among the bets, Spagnuolo successfully predicted that indie pop musician d4vd would top the list for the most-searched for person last year, hours after accessing confidential data at Google, according to prosecutors.

Spagnuolo, 36, faces charges of commodities fraud, wire fraud and money laundering.

“Today’s charges reinforce a decades-old message: corporate insiders cannot use confidential business information to turn a profit in our markets,” US Attorney for the Southern District of New York Jay Clayton said in a statement.

“Insider trading compromises the integrity of our markets, and the American people want this greed-driven conduct investigated and prosecuted,” Clayton added.

Bets on Maduro’s capture

Google said in a statement that it is working with law enforcement and that using confidential information to place bets is a serious breach of company policy.

Spagnuolo has been placed on leave, according to a Google spokesperson.

A Polymarket spokesperson said the company had worked closely with the US Attorney’s Office on the investigation and that the firm “is the only prediction platform to date whose cooperation has led to insider trading charges in the United States”.

“We are committed to maintaining accurate, fair, and transparent markets as well as enforcing our rules and working with our regulators and law enforcement,” the spokesperson added.

Last month, a US soldier was charged with using classified military information to place bets on Polymarket regarding the abduction of Venezuelan President Nicolas Maduro.

Prosecutors accuse Gannon Ken Van Dyke, 38, of cashing in on the US operation against Maduro, to the tune of more than $400,000.