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.
The Strait of Hormuz will reopen immediately after US and Iran sign a peace memorandum, ending port blockades and easing energy market tensions.
G7 leaders unveil new sanctions targeting Russian energy exports and pledge increased delivery of advanced weaponry to Ukraine amid shifting battlefield dynamics.
Drone attacks overnight sparked fires at major Russian chemical and oil facilities, prompting transport restrictions and airport operation limits across multiple regions.
US cancels planned strikes on Iran amid diplomatic progress, prompting shifts in energy and defense markets as multinational deal nears finalization.
The U.S. has sanctioned Cuba’s state oil company CUPET, escalating economic pressure amid Cuba’s worsening fuel crisis and targeting top regime officials.
Rosneft advisor Andrei Bezrukov forecasts a prolonged war for Russia lasting decades, urging economic and state reforms to integrate defense priorities amid recent drone attacks.
The US conducted defensive strikes on southern Iran targets, aiming to protect American troops during an ongoing ceasefire, impacting energy markets and geopolitical risk.
Trump and Xi Jinping meet in Beijing to discuss Iran, trade, and Taiwan, key topics with significant implications for global markets and energy sectors.
Germany will transfer an 84 MW gas-fired power plant, formerly serving Nord Stream, to Ukraine as humanitarian aid, aiding Ukraine’s energy infrastructure amid ongoing conflict.