Russia's oil product production index fell nearly 22% in June year-over-year amid significant refinery disruptions and slower fuel price growth.
Russian ballistic missile strikes on Kyiv injured six as air raid warnings were delayed. The attacks reflect escalating conflict with significant civilian and infrastructural damage.
The Saratov oil refinery has suspended operations after Ukrainian drone attacks damaged its primary processing unit, exacerbating fuel shortages in Russia.
France and Italy express reservations over the EU's proposed entry ban on Russian combatants, fearing it may unintentionally impact all Russian travelers amid the 21st sanctions package.
Russia's maritime oil exports surged to a 2026 high amid US-Iran negotiations that triggered a 16% drop in global oil prices, intensifying market competition and price pressures.
Russia limits gasoline and diesel sales in over 50 regions due to supply disruptions from Ukrainian drone attacks on oil refineries.
Germany's Economy Minister Katherina Reiche emphasized that future EU-Turkey gas contracts must exclude Russian supplies amid efforts to reduce reliance on Russian energy sources.
Bulgaria intends to veto the EU's latest sanctions package against Russia, citing threats to its economy and energy sector, notably concerns over Lukoil's operations.
G7 leaders unveil new sanctions targeting Russian energy exports and pledge increased delivery of advanced weaponry to Ukraine amid shifting battlefield dynamics.
The UK authorized indefinite imports of diesel and aviation fuel from Russian oil processed abroad, responding to rising fuel prices and global energy supply tensions.
The US Treasury has let expire its temporary waiver on sanctions for Russian oil shipments, ending a brief regulatory easing amid high energy prices.
Putin favors former German Chancellor Gerhard Schröder as the EU's negotiator for ending the Ukraine conflict, signaling Moscow's readiness for peace talks under respectful terms.
Hungarian Prime Minister Viktor Orban declines parliamentary seat post-election, focusing on party leadership amid incoming new government led by Peter Marki-Zay.
The US Treasury will not extend temporary sanctions exemptions for Russian and Iranian oil imports, signaling tighter restrictions and potential supply impacts.