Russia has indefinitely closed the Azov-Don Canal after Ukrainian drone strikes on vessels, disrupting key grain export routes and triggering a spike in wheat prices.
June 2026 saw the highest civilian casualties in Ukraine since the invasion began, with UN reports indicating a continued rise in deaths and injuries amid ongoing Russian attacks.
The Saratov oil refinery has suspended operations after Ukrainian drone attacks damaged its primary processing unit, exacerbating fuel shortages in Russia.
Iran held a closed funeral for Ayatollah Ali Khamenei amid rising regional tensions, with implications for energy markets and geopolitical risk assessments.
The US has launched new airstrikes on Iran targeting over 80 military sites to curb Tehran’s interference with shipping in the Strait of Hormuz, escalating regional tensions.
Fuel prices in Crimea nearly doubled in early July amid Russia's domestic supply shortages and export restrictions, with prices rising 78.4% on average for the week.
President Trump promises to remove Syria from the terrorism sponsor list, enabling new investment opportunities and signaling a strategic US-Syria rapprochement.
Uzbek aluminium producer AKFA Aluminium plans its first international bond offering with investor roadshows in London starting July 13, signaling its strategic financial expansion.
Germany announces a record €124.7 billion defense budget for 2026, marking a 25.5% increase amid NATO efforts to boost European military spending.
Russian forces launched missile and drone strikes overnight on Kyiv and Kharkiv, causing fires, casualties, and damage to homes and infrastructure.
US military strikes Iranian targets after attacks on commercial vessels in the Strait of Hormuz, while diplomatic efforts to de-escalate tensions remain stalled.
Cuba's electrical grid suffered a total blackout amid worsening fuel shortages and intensified U.S. sanctions, further deepening the island’s energy crisis.