The Strait of Hormuz will reopen immediately after US and Iran sign a peace memorandum, ending port blockades and easing energy market tensions.
Russian drone strikes on Pavlograd's residential and industrial sites injured 12 and damaged infrastructure, posing risks to local market stability and logistics.
Putin warns Armenia of tariff hikes and work restrictions if it leaves the Eurasian Economic Union amid rising tensions over the country’s EU integration efforts.
A Russian drone crashed onto a Romanian apartment rooftop during attacks on Ukraine, causing fire, injuries, and evacuation amid heightened regional tensions.
Russia plans a 1-2 month ban on diesel and aviation kerosene exports due to refinery disruptions caused by increased drone attacks on fuel plants.
Palm Beach International Airport in Florida will be renamed after President Donald Trump on July 9, changing its IATA code to DJT to reflect his initials.
Global oil stocks declined by a record 200 million barrels in April amid Middle East tensions, pushing inventories close to eight-year lows despite demand drops.
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.