Drone strikes hit Russian cities Belgorod, Rostov-on-Don, and Engels airfield, causing fires and damaging logistics and energy infrastructure amid ongoing Ukraine conflict.
Russia’s July oil and gas revenues are expected to rise 60% year-on-year due to higher global oil prices, despite ongoing sanctions and a weaker year-to-date performance.
The US has lifted sanctions on Miami-based Bel-Kap-Steel linked to Belarus’s metallurgical sector, reflecting improved diplomatic ties and political prisoner releases.
Ukraine's coordinated attacks on Wildberries warehouses in Saint Petersburg region, Tver, and Crimea have caused fires and operational halts, disrupting major e-commerce logistics hubs.
Ukraine requests urgent UN Security Council meeting over Russian attacks on Black Sea commercial ships, warning of global food security risks.
Russia's oil product production index fell nearly 22% in June year-over-year amid significant refinery disruptions and slower fuel price growth.
The IRGC has mined a tanker in the Strait of Hormuz and threatens to block unauthorized vessels, amid reports of a Greek-owned tanker’s possible seizure by Iran.
Russia’s State Duma revises fuel dampener and compensation rules to curb price swings amid export restrictions and refinery disruptions.
US military continues 11-night offensive strikes on Iran targeting strategic sites amid escalating regional hostilities and maritime security concerns.
The US has sent the first of a $100M humanitarian aid package to Cuba amid sanctions and military contingency planning by Washington.
The US conducted its tenth straight day of strikes on Iran’s military sites as Tehran responded with missile and drone attacks, intensifying tensions in the Strait of Hormuz.
The US imposes 50% tariffs on $20 billion of Canadian goods including wine and cement, escalating trade tensions under the USMCA agreement and impacting key sectors.