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.
Germany's 2027 budget plan raises spending by 6% and borrowing to €118.7 billion, with defense funding up 32.7% amid security concerns over Russia.
Canada’s choice of German TKMS submarines marks a $100 billion investment, enhancing NATO’s Arctic security and defense cooperation ahead of the summit.
Russian forces struck multiple Ukrainian cities on July 5, causing four deaths, 25 injuries, and significant infrastructure damage amid warnings of further attacks.
Gazprom has contracted with Russia's Defense Ministry to form mobile security units to patrol and protect gas infrastructure, employing personnel without active military status.
Russian forces launched missile and drone strikes on Kyiv and surrounding areas, causing at least seven deaths and extensive damage to residential buildings and infrastructure.